10 April 2008
Dundo — Some sixty one social-related projects in eastern Lunda Norte province benefit from "Credit for Youth" programme, under the initiative of the local Youth and Sports Management, ANGOP has learnt from a source within the institution.
The institution's official in charge of Youth Department, Murimy Januário da Silva, said that the projects include 34 for cooperative of precarious commerce, whereas the remaining has to do with civil blacksmith, computer, beauty shop, Chemist´s shop, mechanic, saw-mill and grinding.
Januário da Silva guaranteed that the projects have already been submitted to the Saving and Credit Bank (BPC), for an assessment before the funding.
The cooperatives, with one-year bonus, will receive the equivalent amount of USD 20,000 refundable
Be the first to Write a Comment!
Copyright © 2008 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.