Eritrea: Central Region - Micro-Credit and Saving Program's Branch in Putting Up Endeavors in a Bid to Improve Communal Livelihood

21 February 2014

Asmara — The Micro-credit and Saving Program's branch in the Central region indicated that it is putting up endeavors in a bid to improve the livelihood of communities. It made the remark at a meeting, during which Mr. Haile Kidane, Head of the branch office, pointed out that there exist a total of 71 village banks in 16 sub-zones of the region, and that over 8,000 nationals have become beneficiaries of credit a mounting to over 42 million Nakfa credit.

Accordingly, communities have demonstrated commendable awareness as regards reimbursement of credit, and the number of the scheme's beneficiaries who usually engage in irrigation, livestock production and small-scale merchandizing activities has shown 26% growth.

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