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TEN Funding - The Empowerment Network - NGO in Nigeria
11C KudiratAbiola Way,
Alausa, Ikeja, Lagos.
07032223605 | 08060002562
08023164353 | 08162044873
info@theempowermentnetwork.ng
sponsor@theempowermentnetwork.ng



TEN Funding Projections


THE FUNDING PROJECTIONS

The TEN Funding Strategy is to obtain a capital Injection principally through Partnership with The Joint Church Action (JCA), and other governmental and private donors to the Tune Of About Four Hundred And Eighty-Nine Billion Naira (N489, 000, 000,000).

This Sum Is To Be Realized And Utilized Over A Ten (10) Year Period Commencing From The Fourth Quarter Of The Year 2019.

    The Funding Will Be Utilized for The Following Purposes And Acquisitions:

  • N320,000,000,000 To Be Issued As Grants/Loan To The 8m Beneficiaries (At a minimum N40,000 Per Beneficiary where N10,000 is grant and N30,000 is Loan)
  • Each Beneficiary is expected to return the sum of N30,000 within Six (6) months N20,000 is issued in Scholarships for each beneficiary with two out of school children
  • N9,000,000,000 Estimate For Operating Budget And Working Capital over a ten year period.


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