loan worth 20.8 sh.milioni 24 groups of women and young entrepreneurs exist in the council to enable them economically and reduce poverty.
Of the groups, 16 women and young people that have to use the loan development process based on the principles and procedures for repaying the loans on time and use the money for its intended purpose IEP is proved
Speaking at a ceremony to sign an agreement to hand over the check at the weekend between councils and groups, executive director of the committee, Beatrice Dominic, said the money came from the Development Fund for Women and Youth.
He said the fund has enough money to lend to other groups of entrepreneurs where if these funds will be used for good purposes they have, they will liberate economic and promote their capital.
Ali called on these groups to repay loans on time for more than 60 groups of entrepreneurship You asked to be given credit, but after the council make a feasibility analysis, was 24 groups contain qualify for loans due to their labels in line with the activity they are doing.
Dominic said, the council will not hesitate to take legal action for groups that battle manifest abuse of the funds for these loans there is legal for advancing various groups of entrepreneurial women and young people so that money is obtained for their personal gain for private gain difference and goals them.
"I ask too much, be careful in using these funds for this opportunity is unique ... like a good use of these loans likely to take the next step of development is paramount to restoring fine, access to finance others exist so the foundation restoration bearable," he said.
Groups that 24 provided checks each due to the characteristics of their activities were request loan where some groups succeeded Pat sh. while others gained one million shillings. 8,000,000, sh. 5,000,000 and some other sh benefited. 4,000,000.
Diminic urged members of the committee, collaborating with groups granted loans so they can do well in the activities needs loans and eventually revert to the money in time.
For his part, Chairman of the committee, Satma Juma, said the biggest challenge entrepreneurial groups in the district is the problem of repaying the loans it called on these groups to be a model in recovering the money in time.
"Take the concept of entrepreneurial groups fail to restore lending money for many groups has been using the money they requested in their different purposes and the text," he said.
He said the aim of the council is to provide these loans to ensure its citizens propped up the economy, eliminate poverty situation it is mounted and used the opportunity to promote their capital and welfare.
Speaking on behalf of groups that are receiving the loan, one of the leader of the group Jitegemee A, from the county of Mchaulu which engages with various activities with livestock, Rabia Said thanked the committee for handing out credit and eliminate concerns about the recovery funds.
"We thank the committee for giving us this loan, restoration of these funds we ask the director do not worry because these groups might be well from operations was handed down," he
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