Lungu gives personal loans to gutted market traders

President Edgar Lungu has distributed money to marketeers of Kapalala market in Ndola, through the Presidential Empowerment Fund.

Presidential Empowerment Fund Patron Chanda Kabwe gave K250 and K500 amounts to 200 respective traders at Kapalala market which was gutted a few months ago.

Kabwe said the funds were not a grant but a loan coming from President Lungu.

He said the empowerment fund wiuld move from Ndola to Luanshya.

“Today we have targeted 200 marketeers to benefit from this fund. We are giving K250 and K500 to marketers today. This is especially to those marketeers who were affected. So we expect the marketeers to pay back,” said Kabwe.

“This loan is coming from the contributions of President Edgar Lungu to empower the marketeers. After the Kapalala market main masala here in Ndola, we will go to Luanshya at Fisenge and Baluba market to empower them and build ablution blocks.”

And Copperbelt minister Bowman Lusambo said he was happy with the empowerment of marketeers in Ndola.

“For us, we are happy that you are in Ndola. We are happy for this gesture. It is an important undertaking for us. I have ‘declared’ interest because this is my constituency,” he said.

Lusambo also said he was in talks with some mining companies that had agreed to build two modern markets on the Copperbelt.

“Mining companies have agreed to build two modren. One at Kapalala and one at Chisokone in Kitwe. The president wants to uplift the people’s lives. When we meet with the President, he talks about markets and bus stations,” said Lusambo.

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