GOVT. DISBURSES K2.7 MILLION CDF LOANS AND GRANTS IN MWINULUNGA
GOVERNMENT has disbursed over Two Point Seven Million Kwacha to 53 loan and grant beneficiaries under the 2023 allocation of the Constituency Development Fund (CDF) in Mwinilunga District.
One Million Eight Hundred and Eighty-Eight Thousand Kwacha (K1,888,000) has been handed over to 23 cooperatives, clubs and small businesses as loans, while Eight hundred and seventy-one thousand Kwacha (K871,000) has been given to 30 groups as a grant.
Speaking during the Grants and Loans hand over ceremony held in the district today, Town Council chairperson, Jonathan Chinyimba said the money has been disbursed for the purpose of improving people’s livelihoods.
Mr Chinyimba noted that President Hakainde Hichilema, has an ambitious resolve to see to it that empowerment programmes are targeting women, youths and community members in general for economic relief to families.
“We are gathered here not to listen to theories and promises but to witness the practical steps and actions that have been taking place in the new dawn government,” he said.
Speaking at the same event, District Commissioner, Harrison Kamuna, said the government is determined to ensure an end to extreme poverty by the year 2030.
Mr Kamuna said the that CDF is one key avenue the government is using to realize this resolve further calling on beneficiaries to use the money prudently.
And Town Council Secretary Gift Kakoma revealed that positive results are already being recorded from the previous beneficiaries of CDF loans and grants.
Mr Kakoma said the local authority has prioritised the implementation of CDF in order to achieve the government’s aspirations and warned beneficiaries against abuse of the funds.
“A number of beneficiaries under the loans and grants are doing exceptionally well, especially those that embarked on short to medium term projects,” he said.
Meanwhile, speaking on behalf of other beneficiaries, Kuunda Manjimela, described the empowerment they have received as a shot in the arm saying it will help them boost their fish farming business.