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Monday, 18 May 2015 07:29

COMSIP to improve the socioeconomic wellbeing of local population

Written by  Gladys Kamakanda

 

Chisiye (l) admiring pig farming by Gezala Wande -Pic by Gladys Kamakanda

Lilongwe, May 18, 2015: Community Savings Investment Promotion (COMSIP) project aimed at improving the socio-economic wellbeing of local population is implementing projects that will improve the lives of people who are economically poor.
 
The project is being implemented targeting the economically active poor districts such as Lilongwe, Mchinji, Dedza, Mzimba, Nkhatabay, Kasungu and Karonga among other districts.

Speaking recently during a media tour in Mchinji and Dedza respectively which are some of the districts the project is being implemented, COMSIP Project Officer Judith Chisiye said the project aims at contributing to poverty reduction and improving the social economic wellbeing of the local population.

“The projects were being implemented in deepening enterprise development, growth centres development, local authority capacity enhancement and program support and knowledge management which we are calling it Supporting Cooperatives in Malawi,” said Chisiye.

She said the projects were designed in line with the Malawi Growth Development Strategy (MGDS) and in particular under the priority area of integrated rural development.

During the tour, members of the press had an opportunity to visit Nyakankhe Cooperative in Mchinji, Kakuyu Cooperative, Tidziwane Producers and Marketing in Lilongwe, Livwadzi Cooperative and Chimbiya Piggery Cooperative in Dedza.

The program has brought together expertise from community development, agribusiness and business promotion to provide support for the promotion of entrepreneurship at the local Council level by among other things providing a hub for coordination and implementation of capacity building initiatives.

The program is being funded by the Scottish Government through the United Kingdom and the COMSIP

The projects were identified through a participatory approach involving the communities, traditional leaders and the district council after a detailed assessment of the growth centres and the value chain analysis.

All COMSIP members are trained on business management and financial literacy among others as a way to assisting them to be economically active.

The Supporting Cooperatives in Malawi program was established with an aim of fiscal transfer mechanism through which the cooperatives get financial resources for local development.

COMSIP is another milestone where according to records, over 2000 groups (most of them made of women) are established across the country.

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