Nestle Nigeria Capitalized Rural Women to enable Financial Capacity and boosting Standard of Living
By Abdul Rahman Bangura–
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – In the lift-off of the 4th, Phase of Nestle Empowering Rural Women across Nigeria. Nestle Empowering Rural Women Project is helping more rural women in Nigeria to build financial security and enhance their precept of living with the launch of the fourth phase of the Nestle Empowering Rural Women in Nigeria Project in Port Harcourt. An extra fifty heirs from the Southern part of the country, appointed from the corporation’s value chain were placed into the program at a ceremony that comprised various training sessions.
Nestle Nigeria’s Commercial Manager – Khaled Ramadan told, “We are happy to fulfil our promise of expanding Nestle Empowering Rural Women in Nigeria Project to reach more women in other parts of Nigeria. We are pleased with the progress made so far by the 150 currently benefiting from the project.
The beneficiaries who currently enjoy the training and mentorship provided by Nestle and her implementation partners –FDConsults, are noting faster turnover and increased revenue as well as stronger visibility of their outlets within their locations. We are therefore confident that these additional 50 selected retailers in South, will also reap the full benefits of the support we are providing through training, mentorship and grants.”
The beneficiaries comprising female retailers in Nettle’s value chain will earn grants valued at 300% of their monthly sales in form of Nestle’s products. They will partake in training and mentorship programs same, which will facilitate the to scale up their businesses, as a way of improving their home revenues.
Phranklin Audu – Head Partnerships & Training at FDConsults mumbled, “The Nestle Empowering Rural Women project is such an amazing initiative. The progress and growth recorded by the women in the several states where the project is already ongoing are quite refreshing to see. We are talking about visible growth. Grade-C retailers are moving up the distribution ladder and more, importantly these women are doing more sales turnovers thereby earning higher incomes for themselves. We must commend the diviners of this project and the entire project team for staying true to cause”
The project is formulated to assist rural women retailers scale up their enterprises to maintain the new level of up to three times the size of their prevailing enterprises. It is one of the Creating Shared Value initiatives that Project puts to support growing communities by boosting careers.
The training and mentorship components of the project are donated by FDConsults who has a route record of assisting rural residents access information and skills to enrich their standard of living. Every beneficiary retailer is associated to a mentor for one-on-one guidance and constant assistance over three months to guarantee their accomplishment.
The Project commenced in August 2021, in North-Central Nigeria, with the inauguration of the first fifty women successors into the project from the suburbs of Abuja. In November of last year, the project moved to the South West and expanded an extra fifty legatee, assigned from the axis of Oshogbo, Ede andesha in Osun State. In February of 2022, the – South benefited with fifty selectee from the Nsukka and Obolo-Afo axis of Enugu State.
With the following fifty previously enlisted into the Project in Port Harcourt, Rivers State, 200 women have been entered under the program. The program strives to catch up with 300 women across the nation before the stop of 2022.