The Christ the King Old Boys Association, CKCOBA) Class of 1998 has empowered five of their members with Six million, six hundred and sixty thousand naira (N6.6m to start up businesses or boost the already existing ones
Each of the beneficiaries smiled home with a cheque of one million, three hundred and thirty thousand naira (N1.330)
Speaking during the event at the premises of Christ the King College (CKC), Onitsha, Anambra State, the President of the association, Anietonwa Kingsley Ajulufo, said that their target initially was ten million naira, but they couldn’t achieve that, so they had to rely on what they realized.
He stated that one of the beneficiaries lost his shop in Lagos and had an accident with his vehicle as well.
In the process, said the president, he lost a lot of money, while the other was battling with health challenge which in the process drained his business capital
“So we did our empowerment fundraising for five of our classmates. We have been doing this for the past seven years since we have been grouped in 2015.
“The unique thing for this year is that we picked five, which is the maximum so far for the association, previously we picked two or three for empowerment” said the president.
Continuing the president said, “What we do is once you identified with this association that you are in this kind of predicament, we go through your records, we consider three things which is your talent, treasure and time, in whatever case you have contributed to the association determines your eligiblity.
“Anybody that did not contribute his time, talent or treasure, the eligibility of such person will be questioned, if you don’t give money to the association, all hands are not equal, during election, come out, pick up one leadership position, offer your time to the association, in that way, you are also sacrificing for the association.
“You can do one thing as an executive or committee member. There are members here that have not missed our events for the past ten years. There are also our members who lives in this Onitsha but they have not attended our event, so this is our motivating factor”
Earlier in his opening remarks, Ajulufo urged the beneficiaries to make judicious use of the money by venturing into businesses that yields profit stating that some traders make a lot of profits in foodstuffs business than those in electronics business and advised them to start small, not to wait until it is big.
“There is little things you can venture into that would multiply this money to an unimaginable height within one year or so, there are different avenues to make money, bend down and look inwards, get a good location and everything will take it’s place” the president said.
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