Central Bank Governor Joseph Mills Jones has challenged members of the Village Savings and Loan Association (VISLA) and other borrowers to pay their debts to their creditors. According to Governor Jones, it is a responsibility of all borrowers to pay their debt in order to gain the respect of their creditors. “We must pay when we borrow so that we can prove to those who don’t trust us that we can pay our debt,” he said. The Central Bank Governor spoke in Kakata, Margibi County on June 21, 2014 where he delivered the keynote for the VSLA First National General Assembly which commenced on June 19. A new leadership for the VISLA was elected at the Association’s Apex Assembly including the national leadership and county chapter leaders. The Chairlady of VSLA Mrs. Josephine Nagbe and her executives as well as county chapter heads were inducted on Saturday. Governor Jones thanked the VSLA women who converged in Kakata from all 15 counties of Liberia for uniting to help raise their country out of poverty.“I am convinced that something is happening somewhere in this country because Liberians are now getting to believe in themselves. It means that we can set our task to do something and it can be done,” he said. The Governor emphasized that the VISLA are the women of Liberia in the towns and villages, adding “you are saying that with small support you can help yourselves and that you want to be active participants in the Liberian economy.” The CBL has disbursed millions of Liberian dollars in credit to registered Village Savings and Loan Associations from all 15 counties. The Bank has repeatedly reported that the loan scheme with the VSLA is yielding positive results. “Those that borrowed under the VSLA program are paying back the money with good interest,” said the CBL in a recent statement. According to the Central Bank boss, the General Assembly of the VSLA in Kakata showed that Liberians are working together. “Let us work together to make the difference rather than work to pull each other down. We will remain poor if we continue to pull each other down, and so we must do better as Liberians because our country is not at satisfactory leveled yet,” Dr. Jones noted. He reiterated the Central Bank’s commitment to continuing its loan scheme with Liberian, insisting that the program is the best way to raise the Liberian people out of poverty. “The VISLA program is not the end of the road. It is just the beginning to get big. Liberians are not destined for poverty. I know that we always have people who don’t believe in what we do. But the cure for poverty is vision and so we must work together. We must care for and put Liberia first. Moreover, we must pay when we borrow,” he stressed. The Chairlady of the VSLA, Mrs. Josephine Nagbe in her inaugural address thanked Governor Jones and the CBL for the loan scheme for the women-dominated VSLA. Mrs. Nagbe assured delegates and members of the VSLA that the CBL will not abandon the Association. “I can assure that the Governor and his team at the CBL attaches importance to this VSLA program. All we need to do is, be responsible and pay back our debt,” she said. Madam Irene George of the Consortium of VSLA Professionals in Liberia, for her part, said her dream and aspiration for the Association has come true. Madam George recalled how the VSLA was founded in 2007 to enhance financial access to women in business across the country. “Bravo Governor Jones I can assure you that we are here to support your effort,” she said. Earlier, the Board Chair of the Liberia National Credit Union Mr. J. Saye Biye said he is happy that majority of Liberians have seen the need to play a major role in their economy. According to Mr. Biye, it is a pity that Liberia still lingers in economic slavery despite the fact that the country is the oldest country that attained political independence in Africa.He challenged VSLA leadership and its members to support the vision of the CBL Governor and be responsible borrowers.Governor Jones and delegation were met on arrival in Kakata by hundreds of people including marketers, Yana boys, unionists, traditional leaders and county officials.The ceremony took place at the Margibi County Town Hall. Our reporter said the Town Hall was jam packed to capacity with a few hundred more people waiting outside just to take a glance and greet Governor Jones and delegate who arrived in the county at about noon.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
Related Posts Why Tech Companies Need Simpler Terms of Servic… frederic lardinois Top Reasons to Go With Managed WordPress Hosting A Web Developer’s New Best Friend is the AI Wai… Soon, you may start seeing company logos dotting the landscape on Google Maps. While Google has experimented with different types of ads in Google Maps on and off over the years, it now looks like Google is going to make another push to monetize Google Maps. While the details about this project are still quite hazy, it seems like Google plans to launch this program in at least the US and Australia in the next few weeks. A Google spokeswoman told the Sydney Morning Herald today that “one area in which we are looking to experiment is showing some easily recognizable brands and logos on the map to help people more easily find what they are looking for, but this is still in experimental form and we don’t have any further details to share right now.” Currently, as far as we can tell, the only market where Google already offers these ads is Japan, where logos for companies like 7-Eleven and McDonald’s appear on the maps. Kit Eaton from Fast Company wonders if the new ads will be contextual and generated based on user input. Judging from the ads that appear on the maps in Japan, these logos will appear on the map, no matter what the user is looking for. At least on the maps in Japan, these logos are very small and don’t get in the user’s way – though they definitely add more clutter.Microsoft’s Bing Maps already offers a slightly more sophisticated advertising package where certain sponsored listings are highlighted with a business’ logo when a user performs a relevant search. Just yesterday, Google also launched a new layout for the Place Pages on Google Maps that shows details about a business such as opening hours, images, and reviews. Tags:#news#web 8 Best WordPress Hosting Solutions on the Market
There’s an unprecedented pessimism about the Lok Sabha election on April 29 among most of the 40,000 tannery workers in and around Kanpur.The issue is neither harsh working conditions nor low wages, but a total loss of jobs after 243 tanneries operating in Kanpur were closed down before the start of the Kumbh Mela at Prayagraj in January this year. The State government had ordered three-month closure of the tanneries to provide cleaner water to the pilgrims participating in the Maha Kumbh. A month has passed since the congregation got over but little has been done to restore their jobs.Asked about the extended shutdown orders, the district administration says the sewage treatment plant that treats the effluents coming out of the tanneries is overflowing. ‘Overflowing STP’The tannery owners, however, question how the STP is overflowing when their units have not been operating for the last four months. The tannery workers say they have no hope of any relief as a majority of them belong to poor Muslim families “which are low on the BJP’s priority list, and even the other parties are indifferent”. “U.P. Chief Minister Yogi Adityanath launched a scheme, ‘One District, One Product’, to promote traditional industries in the State, but he has hardly done anything to promote the leather industry of Kanpur. An established industry has been completely ruined because the people in power see it with communal lens. They think it is owned only by Muslims but forget that directly or indirectly people of all religions are part of the industry,” said Mohammad Arshi, vice-president, Leather Industries Welfare Association.‘Monitored by depts.’ LIWA claimed that the tanneries in the city are monitored by more than a dozen of central and State departments to check pollution and the tannery owners follow all rules and regulations. “Instead of protecting the industry, the government has showed them in bad light for polluting the Ganga,” said Mr. Arshi. “Our exports are at an all-time low and we are importing leather from Pakistan, Bangladesh, Thailand and other countries to meet the demand. The government has failed to see that the industry is the second biggest forex gainer in the country,” said Abbas Naqvi, a member of LIWA.“The government has failed to keep its promise on cleaning the Ganga and to show their concern, it has ordered the shutdown of tanneries,” he added.The tannery owners said they had already been severely hit by demonetisation and GST and this extended closure is killing them more. “If they (government) are so much concerned about cleaning the Ganga, why are they targeting only tanneries and no other industries like dye, textile, paper and paint. Just because they don’t consider us their vote bank, they are ignoring us,” said Mohammad Jameel, a tannery owner. A group of tannery owners on Monday met the District Magistrate of Kanpur who assured them of getting back on their grievances by May 2. The tannery owners, however, feel that things will change only after May 23, when the election results would be announced.