Phil is in Liberia documenting the work of Foundation for Women (FFW), an organization that strives to continually support and encourage impoverished women, both globally and locally, by funding and creating microcredit programs. A longtime supporter of Phil and his work, Kevin Castner is traveling with him and reporting back to us from the field.
The five businesses that the Foundation For Women in Liberia support most are: selling charcoal, selling used clothing, selling palm oil, selling small things, and hairstyling. By far, selling charcoal is the most profitable despite the environmental impacts. I want to know why FFW supports this business and the logistics of the trade.
Charles Naiwah, FFW’s Program Director, tells me how it works. Somewhere in the bush someone cuts down trees, burns them and makes charcoal. Charcoal buyers find out where and when the charcoal will be available. Charles says the costs per bag are about 225-235LB total, factoring in transportation and licensing. A 25-pound bag sells for 325LB in central Monrovia, but the sellers often resell the charcoal in smaller bags to earn a bigger profit margin. Still, the margin on buying and selling a 25-pound bag is around 100LB, or about $1.30-$1.40 U.S. That is considered a very profitable business.
With a FFW microcredit loan, an enterprising group of women can rent a bigger truck and load as many as 500 bags of charcoal. Even ‘uncut’ that could be a $650-$700 profit. In a country where the average annual per capita income is among the very lowest in the world and a significant proportion of the population lives in poverty on less than $1U.S. per day, this is big money.
Liberian women use the money they earn, first, to feed their families. Second, they educate their children. A generation of educated young adults can find solutions to today’s exigencies. Charcoal selling, like rock crushing, is a necessary step in Liberia’s evolution back to prosperity. It can’t get there if people can’t eat and can’t learn. The selling of charcoal, therefore, is a necessary evil in Liberia today. The FFW is empowering the women of Liberia to earn money now so that their future is not dependant on coal or foreign aid.
Up next – We will meet the women who traveled from all across Liberia to attend leadership training and a Women’s Leadership Conference put on by FFW!
































