ONLY two out of 69 CDF loan beneficiaries in Nakonde have managed to keep up with repayments, with council authorities revealing that most recipients have abandoned approved projects and turned to farming in a desperate bid to settle their debts. Nakonde Council Secretary Mutakela Kayonde disclosed that while the district had so far achieved a 30 percent recovery rate, the situation remained a serious concern as 35 beneficiaries had not made any repayment at all. “Of the 69 loan beneficiaries, only two are up to date with repayments while 35 have made no repayment at all,” Kayonde told stakeholders during a meeting with Local Government Minister Gift Sialubalo. “This has contributed to the poor recovery rate which is currently standing...