FINANCIAL INDEPENDENCE

Help local communities of Republic of Benin to be financially independent

Benin is a vibrant country with a rich culture and ancient history. As anywhere else in the world there are talented and creative individuals who have great ideas and skills but are lacking in opportunities. Underemployment currently affects 80% of Benin’s population and young graduates are leaving universities with no jobs to go to. The Government of Benin is currently involved with schemes to alleviate these issues and provide training and advice to young entrepreneurs. This way of thinking is very close to our hearts and we wish to build upon this ethos to create exciting ways forward. Experimental schemes have been carried out in the last few years and this has resulted in more relaxed registration and licensing rules.

Small businesses can now be formalized easily by registering as an “entreprenant” which is a new uncomplicated legal regime adopted by the Organization for the Harmonization of Business Law in Africa (OHADA). This is the perfect time to offer further assistance to individuals who are ready and able to start up and expand. This would range from simply offering financial help to people who do not need specific training, or who need to buy equipment to further their business, to offering internships and working with businesses to incorporate in house training. Whatever the individual needs are could be assessed and catered for.

Often marketing for new businesses is a key area and new business starters very often need help to form brand names and logos, etc. Entrepreneurs have good ideas and mainly are very aware of how they want to develop their ideas and what they wish the outcome to be. However, often running the business, balancing the books, understanding tax laws and how to borrow successfully are not skills they are born with. The aim of Umeh relieve is to offer real help to individuals that can result in them being in control of their financial lives and able to plan a future. We can be part of the process before start up, and then involved in expansion and hiring of staff and training. Flourishing businesses have an effect on the economy as a whole and the immediate environment. 

Creating opportunities for young people is high on the agenda for enabling communities to be financially independent. Around half the populations in Benin are under eighteen. Chronic poverty severely affects children, with child mortality being very high and many children, particularly girls, being involved in child labour. There is often little choice for families and we aim to change this outlook for them. With the right training, mentoring, business opportunities and access to funding the young people of Benin can lead their families and communities out of poverty. We believe in the saying, “teach a man to fish and you feed him for a lifetime”. It is a core need to feel independent and to develop skills. We encourage and promote life -long learning and sharing skills, ideas and trade. 

Contact

Adresse Postale
27 Rue Fernand Leger
94800 Villejuif 
France 

Email: info@umehrelieve.org
Phone: +33 954789483

IBAN: BJ39BJ0580100002173920050176
CODEBIC: ORBKBJBJ

Postal Address 
31 Algernon Road
London SE13 7AT
United Kingdom

Email: info@umehrelieve.org
Phone: +44 7405032698

IBAN: BJ39BJ0580100002173920050176
CODEBIC: ORBKBJBJ

Adresse Postale
01 BP 4842 Ganhi
Cotonou
Republique du Benin

Email: info@umehrelieve.org
Phone: +229 94749809

IBAN: BJ39BJ0580100002173920050176
CODEBIC: ORBKBJBJ