Daily Nation Newspaper

MALANJI DONATES K100,000 TO IPUSUKILO TRADERS

- By NATION REPORTER

KWACHA Member of Parliament Joseph Malanji has given K100,000 to marketeers at Ipusukilo market in Kitwe to be used as an empowermen­t revolving fund.

Mr Malanji said the money would empower 200 marketeers with K500 each, which should be paid back in small instalment­s weekly.

He said National Marketters Associatio­n of Zambia (NATMAZ ) would be in charge of the revolving funds to marketeers and collection of the funds weekly.

"You will start lending 200 people K500 each and every week they will be paying back so that more people are empowered.

“If every month 48 people are empowered everyone will benefit and the number beneficiar­ies will increase as the funds being paid back increases too. And if you work well with this money, I will come and add more funds" he said.

Mr Malanji who is Minister of foreign affairs also said he was in Kitwe to extend the ‘keep Zambia clean green and health campaign’ to the Copperbelt .

He directed traders at Ipusukilo market to form groups which would be cleaning the premises on a daily basis.

NATMAZ President Goodson Mofya, who received the funds, express gratitude to the MP for helping the marketeers.

Mr Mofya warned the marketeers to use the funds well and ensure they pay back to that more people benefit from the K100,000.

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