Microfinance for Economic Develpment

Non-profit
·
founded in 2018
YearOut Africa
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Coordinator | Kormi
Coordinator | Kormi
Book with Flex Option! Choose new departure dates or change to a different volunteer program at no extra costs.

High­lights

Give your resume an edge over the COMPETITION
Expand your knowledge and skill set
Develop your confidence and resourcefulness
Make FRIENDS, TRAVEL and enjoy your stay in GHANA. It will be a unique experience.
Explore the decaying slave forts found along the Cape Coast
After a while of conceiving the idea to provide needy people support in business and ecomomic affairs, YearOut Africa in contrast to other institutions. This volunteer program is especially suitable for:
Age 18+
Singles
Couples
Families
Groups
50+

After a while of conceiving the idea to provide needy people support in business and ecomomic affairs, YearOut Africa in contrast to other institutions, YearOut Africa and its partners offers deprived communities with loans and skills development.

Since members don’t have to fulfil high requirements and guarantees; YearOut Africa enables an easy access for everyone especially disadvantaged woman in need which are the target group. Micro finance is a good structure of providing a support through dispensing small, low-interest loans to assist small scale businesses or local individuals and groups to work their way out of poverty.

The project targets those in need of assistance in small schemes, book keeping and give them the head start that they need to empower themselves gradually out of poverty within the community. By doing so, you’ll empower communities, women and youth in particular, to become self-sufficient.

This enables the individuals involved to secure a sustainable future for themselves and their families through small scale entrepreneurship. Vulnerable individuals or groups who participate in the project receive small loans which, over time and with guidance, they will reimburse.

*Introduction of the micro finance loan product and services to prospective small scale sellers at the markets and shops.


*Discussing and evaluating business plans of clients to fully understand the nature of their business activities.


*Interviewing and screening small scale business men and women for a potential loan.


*Managing and monitoring loan accounts of individuals and groups who have already taken loans and many more accounting and business support services.

 

Typical day

Work Schedule,

Monday to Thursday 7 hours per day, 40 hours in a week.

 

First Day: On the first day of volunteering, volunteers will be escorted to their placement by a local coordinator and introduced to the placement staff they will be working with. 

A typical daily schedule would be as follows:


7.30AM Breakfast at the volunteer house.

8.00AM Volunteers can expect to leave home and walk to your placement, where you’ll join the placement staff. Volunteers will be given a duty roster and plan for your work. There is usually a tea break and a lunch break.


2.00PM - 5.00PM Work at the project usually ends. Volunteers are free from this point to go sightseeing or do some shopping.


6.30PM Dinner at the volunteer accommodation.


Please note, this schedule can vary depending on the project you’re participating on.

 

 

Free-time activities

YearOut Africa volunteers are in luck as their host country is unique and has a lot to offer. You can get your wildlife fix at Mole National Park, where you’ll glimpse the iconic animals which have made Africa famous. You’ll see 90 species of mammals that make their home there, including elephants, hippos, cheetahs, baboons, and antelope. Kakum National Park boasts a suspension bridge canopy walk, and Wli Waterfall offers great hiking with spectacular views. For water lovers, you will find a number of unspoiled beaches and world-class surfing.


Ghana is steeped in history, its impressive buildings a testament to a sad and tragic heritage tied to the brutal slave trade and architecture buffs will have their fill of a variety of structures. Be sure to visit Cape Coast Castle, an impressive white-washed seaside fort where you can learn about the poor slaves who were held there and then carried away from their homes on great ships.


Volunteers in Ghana will also have the chance to explore a vibrant colorful culture. Bustling markets like Kajetia with its 11,000 stalls, are a great place to meet locals and pick up a variety of goods such as the renowned and beautiful wax print Kente cloth fabrics. Ghana also offers delicious cuisine, and a wealth of restaurants, bars and grills to taste the local fare and experience a little nightlife while you are out and about.

Swimming
Concert/
Music
Sightseeing
Shopping/
Souvenirs
Climbing
Safari/
Zoo
Hiking
Museum/
Opera
Sports
Riding

Require­ments

In order to join the program you need to be at least 18 years old on the program start date. There might be exemptions if you can provide the permission of your legal guardian(s) or if your are accompanied by your parents.
Language Skills
You need to speak English (basic level)
Required Documents
CV, Certificates and Photo
Nationality Restrictions
No restrictions. Helping hands from all over the world are welcome.
Other Skills
You should have a passion for banking, finance or lending. Volunteers / Interns must also have some basic skills in Excel, as it is a key tool used on this project.   Volunteers / Interns are expected to come with ideas and be willing to share those with the project team.
Time Commitment
Your helping hand will be required on Monday, Tuesday, Wednesday, Thursday and Friday

What's Included

Services by YearOut Africa

WHAT IS INCLUDED

  • Pre-departure support
  • Airport pickup and Drop-Off
  • Orientation
  • Accommodation
  • 3 Meals Daily
  • Wi-Fi internet access
  • Volunteer T-shirt
  • Certificate of Participation

WHAT'S NOT INCLUDED?
  • Plane Ticket (s) /Air Fare
  • Visa fees
  • Travel insurance
  • Local transportation to and from program placement
  • Weekend Trips

Airport Pickup at Kotlik Airport

YearOut Africa’s Coordinator will be at the airport to pick you up; no matter what time you arrive.

Accommodation

YearOut Africa provides a decent, clean and safe accommodation for all our volunteers / interns.


Volunteers / interns are accommodated in a volunteer house where they live with other volunteers​. In some locations, volunteers are accommodated at their placement or stay together in a volunteer house alongside a local family.

There are separate rooms for male and female volunteers with shared common room and toilet facilities. Living is basic but the majority of volunteer houses have electricity, while only few have running water.

Power cuts are common in Ghana and most rural houses do not have running water during times of drought. Bedding (pillows and sheets) is provided, however it is recommended that volunteers bring their own towels and mosquito nets (these can also be purchased in Ghana).

You can also purchase a local SIM card with data for an unlocked mobile phone to keep connected.

Dorm Room Bedroom (Single) Bedroom (Double)
Food & Beverages

Volunteers / interns in Ghana are served three meals per day (breakfast, lunch and dinner). Breakfast generally consists of tea and coffee, and a hot breakfast. A typical lunch and dinner can include meat and vegetables with rice or noodles​.​ If you have special dietary requirements, please let us know ahead of time so that we can make arrangements for you.

Internet Access
Good access at the project site
What's NOT included?
Visa, flights, travel insurance or vaccinations are NOT included in the program fees.
Flight Tickets
The nearest airport is Kotlik Airport (KOT) in Kotlik. We assist you to find cheap flights to Ghana.
Travel Insurance
Going abroad is an adventure and it is always best to be prepared. Sudden illness or injury, cancellation or theft - a travel insurance for Ghana provides security and is a plus to have.
Vaccines
If you are intending to volunteer in Ghana you should seek medical advice before starting your social journey. Check your required vaccinations for Ghana.

Dates & Fees

NO CREDIT CARD FEES

Details on arrival

All year round
Availability
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Duration
4 - 19 weeks

Program fees

Costs: Prices in USD
4 weeks (min. stay)
$800
5 weeks
$1,000
6 weeks
$1,200
7 weeks
$1,400
9 weeks
$1,800
11 weeks
$2,200
19 weeks (max. stay)
$3,800
Average fees
$200 /week

Please note that the above shown program fees are estimated. YearOut Africa will let you know about the final price during your application process.
Deposit (15%)
The deposit is simply to reserve your volunteer placement. Payments are handled by PayPal, our trusted global payment provider. If you don't have a PayPal account, you can also pay using a credit card.
Final Payment (85%)
Your final payment will be agreed with YearOut Africa during the application process. Common solutions are either via bank transfer or a cash payment at the project site.

Why book with Volunteer World

Extra security layer by Volunteer World
Volunteer World is the world's leading comparison platform for international volunteer opportunities. We guide you through a safe and easy application process - including all necessary payments. Planning your next meaningful trip with Volunteer World gives you free access to our:
Quality Assurance
High ethical standards & transparent social impact
Flex Option
Change your reservation at no extra costs
Refund Guarantee
We refund your fees if YearOut Africa cancels your trip
Support & Mediation
We cover your back no matter what happens
Our services are free of charge!
All program fees are charged directly by YearOut Africa.

What are people saying about Volunteer World?

Microfinance for Economic Develpment

After a while of conceiving the idea to provide needy people support in business and ecomomic affairs, YearOut Africa in contrast to other institutions.

$200/week

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