32 MITETE CDF LOAN BENEFICIARIES TRAINED IN FINANCIAL MANAGEMENT

PRESS STATEMENT

 Mitete, 31st July, 2024

Mitete Town Council, in collaboration with NATSAVE Bank, successfully held a financial literacy training for 32 loan beneficiaries under the 2023 Lukulu West Constituency Development Fund (CDF) Women, Youth and Community Empowerment worth K3,200,000.

The event, held Tuesday, 30th July, 2024 brought together local companies and individuals to equip them with essential financial management skills.

NATSAVE Bank-Lukulu Branch, Team Lead, Mr. Mike Malamo and Lead Sales Representative Mr. Patrick Kabisa, facilitated the interactive training which covered crucial topics such as:

  1. Bank Account Management
  2. Income and Expenditure Tracking
  3. Business Planning
  4. Understanding the CDF Revolving Fund
  5. Managing Bank Defaults

A total of 32 local companies and individual loan beneficiaries under the 2024 Lukulu West Constituency Development Fund (CDF) attended the session, benefiting from expert guidance on managing their businesses and finances more effectively.

We are confident this financial literacy and skills training initiative will empower beneficiaries with the knowledge and skills necessary for sustainable local economic development.

Issued by:

ESTHER NAYAME

Public Relations Officer