About Us
Nora Hoeflich
Africa And Friend Affairs (AAFA) known as AAFA World is committed to eliminating hunger and reducing poverty in Africa and beyond. We recognize that providing sustenance is not enough; true empowerment comes from equipping individuals with the skills, resources, and opportunities they need to transform their lives and communities.
Africa And Friend Affairs (AAFA) known as AAFA World is committed to eliminating hunger and reducing poverty in Africa and beyond. We recognize that providing sustenance is not enough; true empowerment comes from equipping individuals with the skills, resources, and opportunities they need to transform their lives and communities.
Our mission is rooted in the belief that sustainable change begins with self-sufficiency. We are committed to teaching women the essential skills required to establish and manage their own community businesses. By empowering women, we uplift their children, enture families and communities, breaking the cycle of hunger and poverty.
With a primary focus on the African continent, where the challenges of irregular income and lack of support are acute, we embark on our journey from Nigeria, Africa’s most populous nation. Through online collaborations and on-ground initiatives, we provide short courses and seminars that empower less-privileged women with knowledge and tools for success.
Wilfred Egbon
Adrian Egbon
Crucially, we provide financial support to these remarkable women, enabling them to kickstart their own small community businesses. Our approach is a generous investment of good gesture in a brighter future. No mother should watch her beloved children suffer from hunger, and we aim to provide the means for every mother to feed and nurture her family if the head of the family (the man or her husband) cannot to provide for his family.
We also stand as champions of innovation and entrepreneurship. We extend financial support to talented individuals and promising startups, fostering a culture of economic growth and sustainable development.
Our mission is clear: to improve lives, alleviate suffering, and create lasting change in Africa and beyond. By collaborating with local communities, measuring our impact, and adapting our strategies, we seek to create a world where hunger and poverty are relics of the past. Join us as we work tirelessly to empower, uplift, transform, and one empowered woman, one thriving community at a time.
We welcome individuals to join our comprehensive online and in-person training programs, all of which are provided at no cost. These valuable courses, facilitated by experts in diverse fields, are sponsored by AAFA World. Our mission revolves around promoting global prosperity by combating poverty and hunger. This is achieved through complementary training opportunities and financial support for local enterprises. Unlike banks, we operate as a nonprofit organization dedicated to fostering sustainability within underserved communities.
AAFA World doesn’t support large corporations with funding and we wholeheartedly support small Community businesses for the less privileged women. If you possess a groundbreaking idea with substantial growth prospects, we suggest pursuing funding from banks, venture capitalists, or through bootstrapping. However, we occasionally fund exceptional ideas that have the capacity to evolve into significant contributors to the economy. Such enterprises, which we refer to as “rare gems,” receive initial funding from us. We might even consider additional financial support as the company grows based on equity investments in these exceptional ventures. Importantly, these supplementary investments are distinct from the original funding and don’t alter the terms established during the initial funding phase. These remarkable businesses are showcased under our “Projects” section on our website, intended to inspire other investors worldwide to participate in their journey.
Uchechukwu Uneke
Funding Criteria
AAFA World funds small community businesses is based on the competence of the individuals, as assessed through qualifications, training scores, and personal traits. A background check is conducted to ensure authenticity with the local authorities and third party applications.
Every business owner must provide two referee persons and one guarantor. The guarantor is responsible for repayment if the business owner (s) misuses the funds.
Funding is initially interest-free for one year. If the business doesn’t employ at least two full-time employees by the end of the first year, a repayment plan is established over the next two years without any interest.
If a funded business successfully employs and pays at least two employees on a full-time basis in a year, 25% of the funding amount is forgiven. This percentage can increase over time if the business continues to maintain its employee count.
If a business doesn’t succeed within the first year, the business owner(s) must repay the full funding amount. Guarantors are liable to repay if the business owner defaults. AAFA World reserved the right to use credit collectors of our choice to get back our funds from business owner (s) and the guarantor respectively
Each member of the partnership business must provide a guarantor. And the business owners share the liability proportionally to their stakes in the business, and their guarantor is also liable to a repayment in case of default.
Illness, natural disasters, environmental crises, or death can be considered for funding cancellation based on investigation.
through interventions funded by our generous donors. We aim to provide medical care, support, and surgical interventions to help these women regain their dignity and lead fulfilling lives. Together, we can make a profound impact on those suffering from this devastating condition.