February 11th, 2014 | Vanduyse
Creating a private fund managed by VELI that will fund the projects of our students
You can create a private fund that is to be funded by only you or by several friends, colleagues, etc… However, instead of taking the burden of operating and managing the fund by yourself, you can handover that job to us.
We have been trusted by many of our supporters and contributors to manage their funds with us. Due to their busy schedules, they are unable to put time and effort on financial management related activities such as book keeping and accounting. However, when you deal with other people’s money, it’s mandatory to maintain clarity and transparency in all financial matters. We maintain proper documentation and issue receipts and invoices wherever necessary, especially for auditing purpose. We ensure absolute transparency with our fund management. Further, we provide absolute guarantee on the safety and security of your funds. At any moment, you can inquire about the status of your funds, we have employed a financial accountant at your service at any moment.
Managing private funds with our institute will give you several benefits. For instance, our fund management is free of charge, so you don’t have to pay a third party for the same. Further, since we monitor your funds, we can recommend you when your funds are sufficient to support a certain project, so that you can easily decide on when to support a student project. We become able to develop a healthy relationship with our contributors, so that we can find better chances of helping the students of Benin to become successful future entrepreneurs.