• Thursday, April 25, 2024
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Call to Love Initiative to deepen access to education funding

Call to Love Initiative to deepen access to education funding

In line with its mission to enrich lives through social development, and improve the delivery of academic knowledge among pupils, ‘Call to Love Initiative’, in partnership with the Lagos State Employment Trust Fund (LSETF), have disclosed plans to provide funding for low-cost private schools in Lagos State.

This was disclosed during an organised breakfast forum for low-cost private school owners and teachers recently held at the Lagos State branch of the Nigerian Red Cross Society.

In her address, the Founder, Call To Love Initiative, Omowunmi Ajila, disclosed that the event aimed to give low-cost school owners access to funds.

“Over the years, we collate feedback from our beneficiaries about their school; they are grateful for their school and teachers and wish their school had better facilities and ambience,” Ajila said.

According to her, while the initiative is aware that the schools are passionate about giving the best to their pupils, most of the facilities require funding.

“That is why we are glad that the Lagos State Government through, the Lagos State Employment Trust Fund, has a dedicated fund for low fees schools to improve the quality of facilities and education to these pupils,” she said.

Explaining further, Ajila said the LSETF for low-cost Private Schools, by the Lagos State Government, was to cushion the effect of the COVID-19 pandemic.

Read also: How Nigerian energy companies can access funding from DFIs – Maduekwe

The loan program of LSETF, in partnership with First Bank of Nigeria and EdFin Microfinance Bank, is to address the challenges of access to fund by low-cost schools operating within Lagos State, the founder explained.

“The criteria to access the loan include; schools operational in Lagos State, a maximum loan size of N5 million with a 12 to 24 months tenure, an interest rate of 9 per cent and equity provided by approved beneficiaries which will be 5 per cent of loan size,” she stated.

Speaking more about the organisation, Ajila said Call To Love was founded in 2010 and has impacted over 900 beneficiaries through its plethora of interventions.

“One of these interventions is the annual Making A Difference with Education (MWE) Summer Camp programme for low-cost school pupils, a flagship programme created for children unable to complete their education; to attain their full potential.

“The goal is to build the beneficiaries capacity outside of their core, give academic, financial and social support and improve the teaching environment of primary schools.”

Addressing guests at the graduation ceremony of the 2021 MWE Summer Camp, which was held simultaneously with the breakfast forum, Ajila said, “Our approach of engagement is to bond with these children and get to know areas where we can be of assistance in terms of their social development.

“They are the sixth set and introduced to a wider range of soft skills like catering, graphic design, recycled art and wellness.”