Upcoming Projects
In the Name
of Allah, the Beneficent the Merciful
Hurricane Katrina
Recovery Program
This program is designed to empower the Blacks and the poor
in New Orleans economically. In this program, we're looking to raise
between $25-$50 million dollars in order to invest in a vital
infrastructure. This infrastructure will generate an adequate amount of
revenue that will be used as capital for the acquisition of many of the
major revenue-generating businesses in the Black community.
These acquisitions will help create high-paying jobs that
will guarantee the highest level of quality and service within
the community.
The revenue generated from these businesses will go into
distribution of zero-interest (0%) loans to residents that desire to
rebuild their homes. This will expedite the rebuilding process in New
Orleans.
The revenue generated from the acquisitions will also be
directed towards further investment in the infrastructure.
The goal of this program is to create a community capital
fund that will give the community control of major revenue-generating
businesses that are within the community and to create high-paying jobs
for the community by focusing on the quality of goods and services.
The root cause of the higher cost of living in New Orleans
is due to the "scarcity of homes". Once the rebuilding process is
expedited, the cost of living will go down while the income levels of
the community stay at its present level. This will not only "enrich"
the community, but the fact that this capitalization fund is owned by
the community, the community will finally have control of its own
destiny.
Black
Farmers Empowerment Program
This program is designed to make farming a profitable
venture again.
Many Black farmers are struggling due to discrimination by
the USDA, farm banks, and unjust laws. They have trouble getting loans
and capitalization for their farming needs.
We, at MGE19, are offering an alternative to traditional
capitalization. We are looking to receive capitalization from the
African Union in order to help qualifying Black farmers get "up to par"
with their farming needs.
Once these needs are met, we will help set up trade
agreements between the Black farmers and public and private buyers that
generate revenue for the farmers and produce ROI for investors in the
AU. To learn more go to http://www.mge19.com/BF/BFC.ppt.
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