Share company to loan over 3.5 mln. birr
HARAR - The Harari Credit and Saving Share Company said it has finalized preparations to distribute over 3.5 million birr loan among over 800 people.
Association manager, Dereje Legesse told ENA Saturday that the share company would distribute the loan among the stated number of people organized under 37 associations and 24 groups.
The share company spent over two million birr for the procurement of various construction machinery, that would be used for the construction of residential units due to be carried out by 29 associations, the manager said.
Dereje said the share company failed to start providing service earlier due to lack of manpower and other reasons.
The share company would give loan in cash and kind among the beneficiaries that desire to be engaged in various income generating activities.
(ENA)
Association manager, Dereje Legesse told ENA Saturday that the share company would distribute the loan among the stated number of people organized under 37 associations and 24 groups.
The share company spent over two million birr for the procurement of various construction machinery, that would be used for the construction of residential units due to be carried out by 29 associations, the manager said.
Dereje said the share company failed to start providing service earlier due to lack of manpower and other reasons.
The share company would give loan in cash and kind among the beneficiaries that desire to be engaged in various income generating activities.
(ENA)
posted by Harar Connection at 10:06 AM
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