Saturday, 22 September 2007

Entrepreneurs share 1.821bn/- from JK fund

From Daily News, Dar es Salaam
DAILY NEWS Reporter in Mwanza

ENTREPRENEURS in Mwanza Region have received over 1.821bn/- loans under the national economic empowerment scheme, the Minister for Labour, Youth Development and Employment, Mr John Chiligati, said here yesterday.Minister Chiligati told the Prime Minister 1,068 entrepreneurs who included members of Savings and Credit Co-operative Societies (SACCOS) and individuals benefited from the scheme, popularly known as “JK’s billions.”

Mr Chiligati said the National Microfinance Bank (NMB) disbursed 1.177bn/- to the entrepreneurs, while the CRDB Bank issued loans worth 644.4m/- under the scheme.

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