DAYSTAR GIVES SEED CAPITAL TO ENTREPRENUERS
As a sign of her commitment to improving entrepreneurship in Nigeria, Daystar Christian Centre, Lagos has given seed capitals to upcoming entrepreneurs across various sectors. In a mini cheque handover ceremony held recently in Lagos, the church maintains that the true essence of a church is her impacts on members of the society both spiritually and morally.
According to the church Senior Pastor, Sam Adeyemi who was represented by the Chief Operating Officer, Pastor Kenny Folarin, the church deems it fit to get involved in boosting the businesses of her indigent members. “As a church, we don’t just want to teach you secrets of success in business but get involved practically to see that those businesses succeed and do well. Beyond the word, we take practical steps to ensure that your business leverage for profits. God’s factor in your businesses will distinguish you. Make way for you and enlarge your businesses in Jesus name”.
In his address, Head of Benevolence unit of the church, Mr Akinwande Ademosu said this venture is one of the means through which the church impacts the society. “Today we are starting this aspect of helping young business owners to leverage for growth. The Benevolence unit is committed to lifting people from sustenance level to be self-dependent. Experts from the church will guide the beneficiaries on how to maximise profits using the given capital today” Ademosu said.
On the criteria for those who benefitted, Ademosu said the seed capital is not given to those who just wanted to start business but those who have been doing businesses but need capital to increase their businesses. “Before any of these over 33 beneficiaries was selected, the team had investigated their businesses, studied their proposals and were convinced they needed the capital to grow. The seed capital today is ranged between N100, 000 and N250, 000 which you are not expected to pay any interests. You also have a moratorium of 3 to 6 months before you start to refund the capital by instalment”.
Speaking on behalf of the beneficiaries, Mrs Atitebi Adebisi thanked the church leadership and promised none of the beneficiaries will fail the church.