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Angola: Lunda Norte - Over 60 Social Projects Get Credit


Angola Press Agency (Luanda)
 

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Angola Press Agency (Luanda)

10 April 2008
Posted to the web 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



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