The Mutual Fund for African Women in Liberia (MUFFA) has elected its members for the board of directors who have been charged with the responsibility of running the institution for the next one year.
MUFFA is a newly established women’s organization in Liberia created for the purpose of empowering women by providing all-inclusive financial planning solutions, especially for those working in the informal sector.
The organization (MUFFA) is sponsored by Afriland First International Bank.
The MUFFA board of directors was elected on Sunday, December 22, at a local resort in Monrovia.
Those elected to the board were: Ms. Edwina Crump Zackpah, Representative Munah Pelham Youngblood, Ms. Christina D. Taylor, and Mrs. Wokie Wiles.
Giving an overview of the organization, Ms. Edwina Crump Zackpah, explained that the institution is aimed at raising the awareness of low and middle income women on the necessity of building their organizational, managerial, and developmental capacities while finding appropriate solutions to the diverse socio-economic challenges facing women in this country.
According to Ms. Zackpah, MUFFA Liberia will be setting up and managing a full service micro-finance and financial planning institution that will demonstrate the true meaning of relationship of banking.
“MUFFA would also set up a business incubation center for women entrepreneurs for their self advancement, and that of their families as well as communities in and around Monrovia,” she indicated.
Ms. Zackpah stressed the need that ownership shares are available to women from all categories of society.
“We organize and finance viable projects based on economic potential, making it a weapon to combat poverty,” Ms. Zackpah noted.
In her keynote address, the General Services Agency director, Mary T. Broh, promised that the government would do everything possible to support Liberian women’s businesses to grow and become self sustainable.
“Women must take control of the country’s business community as in the case of other African countries,” the GSA boss emphasized.
The GSA boss told the women that business pays a lot, and as such all those present should do their best to catch up with other women around the world who are in the business industry.
Madam Broh said that the “women of Liberia are on their way to economic freedom, let us fulfill our potential and not be left behind in everything.”