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Abia North traders rejoice as they benefit from OUK Foundation’s 2nd batch interest-free loan

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Thousands of Small Business owners, Petty Traders, and Artisans in Abia-North Senatorial District of Abia State now sing a new song as Orji Uzor Kalu Foundation gives their businesses a boost during their second phase of its interest-free loan in the state.

The beneficiaries who could not hide their joy rained praises on the Principal of the Foundation, Sen. Orji Uzor Kalu and prayed for God’s blessings upon him.

The Orji Uzor Kalu Foundation (OUKF), a non-business/political entity, had launched the 1st phase of the scheme in January 2018.

The 2nd phase of the business empowerment scheme commenced on August 12th, 2019 with the distribution of zero-interest loans worth millions of Naira to petty traders and Artisans in Abia-North Senatorial District in order to boost their businesses.

The Foundation’s Team comprising of both Staff and Volunteers led by its Executive Secretary of the Rev Mrs. Jemaimah Ola Kalu (Perm. Sec. Rtd), stormed the remote communities/wards in the 5 Local Governments of Abia-North to ensure that the funds were distributed to deserving beneficiaries.

In a statement issued on social media, Rev Kalu announced the conclusion of the 2nd phase of the petty trader’s empowerment exercise.

Rev Ola thanked the Chairman of the Foundation Senator Orji Uzor Kalu for his generosity and compassion for the less privileged in the society.

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She also extended gratitude to the foundation’s workers and development partners for their contribution to the success of the exercise.

The statement read;

“The second phase of the Orji Uzor Kalu Foundation ward to ward Petty Traders empowerment program in the 103 ABSIEC wards(as per the Foundation’s rating) which started on the 12th of August, 2019 from Arochukwu Local Government Area was successfully concluded yesterday, Friday, 13th September, 2019 at the three(3) ABSIEC wards in Igbere, Bende Local Government of Abia State.

“We hereby thank God for the grace to finish successfully, divine strength and speed, journey mercies and protection.

“We thank the Chairman of the Foundation Senator Orji Uzor Kalu, the Board of Directors, our staff and volunteers, KeyStone Bank Staff Umuahia, especially the Bank Manager who ensured his staff attended to us very promptly, We also thank our other development partners and all those who upheld us in prayers.

Similarly, Speaking on behalf of thousands of other Beneficiary Petty Traders, Alice Okereke a community leader in Lokpanta Ward while applauded the initiative of the OUKF for its laudable activities in Abia State and beyond, noted that if other well-meaning Nigerians emulate Dr. Orji Kalu, the country will be a better place to live.

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She described the gesture as “life-changing,” adding that with the loan, her business those of others will definitely grow beyond expectation.

She said: “We know Orji Kalu for his good works and passion for the people. He is a giver and a man with compassion, I must confess.”

The Foundation was granted a Special Consultative status by the United Nations NGO branch (Office of the ECOSOC Support and Coordination) on the 26th of July, 2017.

Over the years the OUKF has been involved in numerous empowerment programs namely; Free Palm Seedlings for farmers, Free Medical Outreach, Peace Initiatives, Youth Empowerment Summits, Scholarship Awards, Cultural/Tourism promotion Activities, and other social investment programs in line with the United Nation’s Sustainable Development Goals Agenda 2030.

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