200 women to benefit from village banking

200 women to benefit from village banking

 

Kalabo, December 22, ZANIS———————————- The Ministry of Community Development Mother and Child Health through the Department of Community Development has released K75, 000 for disbursement to more than 200 women in business in Kalabo District.

 

The K75,000 is from the Village Banking Soft loans facility being speared headed by the Department of Community Development.

Kalabo District Community Development Officer Simasiku Simasiku disclosed the development today during the official launch of the program at Kalabo Basic School.

 

 Village Banking is an initiative by government through the Department of Community Development aimed at economically empowering women with Soft Loans of up to K1,000.

 

Mr Simasiku explained that the women would not need any collateral and that they were expected to pay back in six months so that others could benefit.

 

Officiating at the occasion, Kalabo District Commissioner Masela Chinyama advised the business community in the district to desist from accusing blossoming business houses of practicing witchcraft.   

 

Mrs Chinyama noted that the business community was fond of accusing each other of practicing witchcraft each time ones business grew

 

She said it was only people that were not utilizing given opportunities at their disposal that were into such falsehoods.

 

 The District Commissioner advised the women not to be deceived by falsehoods but to utilize the opportunity that was availed to them to uplift their living standards.