By Solister Mogha

Zomba, June 10, Mana: National Economic Empowerment Fund (NEEF) has challenged youths in Zomba District to take advantage of loan opportunities, which the fund provides to those that aspire to venture into enterprises for economic transformation.

NEEF Credit Analyst, Wytone Mweta made the appeal during awareness meeting with youth in the district this week, saying youths are the driving force and have a lot of potential to excel in business ventures for sustainable livelihood towards national economic growth.

“Realizing that the country's population is comprised of the youth, this is why NEEF is opening up loan opportunities so that the younger generation should participate in economic growth of the country,” he added.

Mweta said Malawi Government pumps in huge sums of money to allow more Malawians including the youths to have access to finances through loans provided by the NEEF.

“To date, NEEF has disbursed over MK236 million with over 75 percent of beneficiaries able to repay their loans,” he added and advised the youths to hold patience and be focused as they intend to venture into various enterprises that should turn positively things around.

One of the youths, Cossam Elemia, hailed NEEF for raising awareness on loan opportunities for the youths, saying the awareness was informative and source of inspirations for youths economic development.

“I am doing business and am interested in getting more money to expand the business. The best idea is to acquire NEEF loan,” he added.

The engagement meeting in Zomba was meant to stir youths into entrepreneurship.