The Alliance for Development and Industrialization (ADI), a leading think tank in Ghana, has proposed the swift implementation of the Social Equity Trust Fund (SETFund) as a transformative model to empower communities, foster industrial growth, and enhance financial inclusion.
This innovative initiative seeks to pool resources from individuals and organizations into a community-owned equity trust that provides both financial rewards and broader economic benefits.
The SETFund offers contributors a guaranteed annual return of 15 percent on their equity with quarterly cash-out options to ensure liquidity. Additionally, contributors can use their equity as collateral for loans and microcredit, creating opportunities for financial empowerment and access to capital. The model emphasizes long-term ownership, with equity remaining transferable to beneficiaries, promoting intergenerational wealth creation and stability.
SETFund’s primary focus is on channeling investments into critical sectors such as agriculture, manufacturing, and micro-industries.
These investments are expected to enhance value chains, reduce import dependency, …