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Katete Presidential Loan Beneficiaries Warned

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Katete District Cyclists Association chairperson, John Phiri, has warned beneficiaries of the Presidential bicycle loan empowerment not to sell the bicycles.

Speaking to ZANIS in a walk in interview in Katete Mr Phiri said he is saddened to note that some people who benefited from the presidential bicycle empowerment loan are selling the bicycles.

Mr Phiri said it was against the set out guidelines on the loan for any person to sell the bicycle before they could fully repay the loan.

He said last week one person was reported and arrested when he was found selling the bicycle at Katete Stores Market at K650 on a negotiable condition.

He explained that being the chairperson of the district committee he followed up the matter and interviewed the accused, Davison Zulu, who admitted to the act.

He added that Zulu, who has been in police custody since Saturday last week, informed him that he was selling the bicycle so that he could settle a debt he owed someone.

Mr Phiri, however, stated that there was no justifiable reason for any person to sell the bicycle before they could finish paying for it.

He warned that the committee is aware and vigilant of people that are selling the bicycles, adding that anyone caught in the act will be reported and prosecuted by the courts of law.
He added that because of the empowerment that the district has received many youths will not go on the streets to look for jobs but have become employers in their own way.

Meanwhile Mr Phiri has told ZANIS that his committee has since started recovering loans from the beneficiaries of the first 40 bicycles that the district received in March, this year.

Mr Phiri said today the committee has deposited about K1, 450 from the 40 bicycles which is expected to be fully settled in the next nine months.

6 COMMENTS

  1. How can there be such a thing as a “Presidential bicycle loan empowerment”…what a reckless bunch of empty tins!!

  2. Even me I am surprised Jay jay. Awa sure!!! How does a bicycle sustainably empower you. You need a proper future not bicycles

  3. I couldn’t help but laugh.

    Presidential bicycle loan empowerment?

    Surely, people should be free to sell as long as they can pay back the loan.

    LT, maybe you guys are just being naughty.

  4. This is the problem with this P.F outgoing party.
    Rather than just say Bicycle for Votes bribing Presidential initiative, they sugar coat their useless plunder.
    Lungu is the worst failure to befall Zambia, & thank God, come August, he will be free to spend all his time in the taverns of Chawama compound, if he’s lucky not to be in Chimbokaila for embezzling state funds.

  5. You people who are condemning this bicycle loan… You do not know what a bicycle does in the village and let alone in Eastern province… Have you been to Chpaita Bus Station and see how bicycles have been modified to carry people to as far as Mgubudu, Luangeni and other outlying areas of Chipata town…?

    People are using bicycles there to carry tomato boxes to market, marketer’s book bicycle riders to ferry their goods instead of expensive cars…VIVA ECL…

  6. You people who are condemning this bicycle loan… You do not know what a bicycle does in the village and let alone in Eastern province… Have you been to Chipata Bus Station and see how bicycles have been modified to carry people to as far as Mgubudu, Luangeni and other outlying areas of Chipata town…?

    People are using bicycles there to carry tomato boxes to market, marketer’s book bicycle riders to ferry their goods instead of expensive cars…VIVA ECL…

    Like in my village, we use bicycles to take sick people to hospitals, clinic covering a distance of more than 50KM and more… So please do not condemn if you do not understand or know something… For us in Eastern Province, it is manna!!! I cannot afford to book a car to take my sick mom to clinic, a bicycle does for me and I am…

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