Sinapi Aba Savings and Loans under its Youth Apprenticeship Programme (YAP), have donated some training equipment to 300 youth from Koforidua, Suhum, and other areas of the Eastern Region to help them complete a three-year apprenticeship in their chosen trade.
The non-banking financial institution initiative aims to help develop vocational skills and instil entrepreneurial orientation in young people.
The YAP Coordinator, Mrs. Margaret Owusu Asare said at the brief event in Suhum that she was confident that the program would leave the beneficiaries economically empowered.
According to her, the training would help to reduce poverty and unemployment in the Koforidua, Suhum, and surrounding communities in the Eastern Region.
Mrs. Asare added that the training initiative was part of an effort to supplement the government’s efforts to promote skill acquisition among adolescents across the country through technical and vocational education and training instruction.
The Akyempemhene of Suhum, Nana Barima Amoako Darko, praised Sinapi Aba for the training support, saying it would provide the youth with alternatives to the standard education provided in grammar schools.
“This support will go a long way to reduce unemployment in the country and Suhum, in particular,” he said.
He encouraged the trainees to be serious with the opportunity and to put in their best to ensure they graduate, start their own businesses, and employ others in the future.
Bright Adu Antwi, Suhum Branch Manager of Sinapi Aba Savings and Loans, explained that the training assistance was part of the institution’s cooperative social duty to the country’s development.
He pledged the institution’s commitment to continue developing programmes that would alter people’s lives to supplement government efforts to alleviate poverty in the country.
Since its inception in 2003, the project has trained over 4,000 youngsters in diverse entrepreneurship skills through master craftsmen in selected fields, with beneficiaries receiving three years of training to learn essential skills to establish their own firms.