Folorunso Alakija’s Foundation marks 10th anniversary

Mrs Folorunso Alakija

The Rose of Sharon Foundation (ROSF) recently celebrated its 10th anniversary. The Rose of Sharon Foundation began operation May 23, 2018 to provide succours for widows and orphanages in the country.

The Rose of Sharon foundation was founded by Mrs Folorunso Alakija to guarantee the financial independence & educational opportunities for widows & orphans through schemes & programmes that assure greater self esteem & ease of socio-economic integration. The foundation hasn’t just stopped there, just last year, it launched a youth empowerment scheme which trained over 100 youth enabling them to become part of the country’s working class.

The foundation also boasts several educational, mentorship and skills acquisition programs for the widows. Over the years, it has managed to empower thousands of widows who are now able to function without needing assistance from the foundation.

A journey that started with three (3) widows on 23rd May, 2008 has culminated into a network of almost a thousand widows today. Since inception, the foundation has empowered 970 widows – 11 of whom are in university, awarded scholarships to 1,366 widow’s children and 72 orphans. The loans to widows are interest free and the scholarships have no conditions attached. It has also provided accommodation for residential/business purposes for 82 widows.

“As Rose of Sharon turns 10 today, we celebrate the truly altruistic nature of her founder, Mrs Folorunso Alakija in her generosity towards the disadvantaged as well as the board of trustees and team members who have kept this machine fuelled,’’ said Mrs Elizabeth Njoku, a member of ROSF.

“Today two of my kids are in university. One is in final year and the other is in her 2nd year. Mrs Alakija is a God-send. What my family, in-laws, pastors could not do, she has done. I have taken several interest-free loans, I just took my third one. She does not discriminate, not even based on ethnicity. I want to thank her because I am amazed when I look back and see how far I’ve come,” said one of the beneficiaries.

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