Empowerment fund cheers Chingola marketeers

CRITICS of the Presidential Empowerment Fund for marketeers will be proved wrong because the initiative is yielding desirable fruits and so far a number of marketeers in Chingola and Kitwe have accessed the funds which has helped them to boost their capital base.

Some marketeers in Chingola said the fact that a good number of marketeers have started benefiting from the initiative is a sign that it would help a lot of people and that it was a matter of time before the critics of the initiative were proved wrong.

More than 40 marketeers at Chingola town centre and Chiwempala markets have benefited from the initiative and have commended President Edgar Lungu for coming up with the fund which was helping them to boost their businesses.

Marketeers and traders who deal in electrical appliances, vegetables and second hand clothes are some of the business people who have benefited from the initiative and who are urging their colleagues to be patient because they too will soon receive their money.

Christopher Mukuka, who deals in electrical good, told the Daily Nation in Chingola that the initiative by President Lungu has benefited many marketeers and has saved them from borrowing from exploitative money lending institutions who were always demanding unreasonable interest.

‘For those who think this initiative is mere political rhetoric, i would like to tell them that this is a genuine programme aimed at helping marketeers to bost their businesses. I got K2,000 from this initiative and I used it to boost my business.

‘What I can say is that critics of this initiative will soon be proved wrong because it is yielding desirable fruits as more and more marketeers are accessing the funds. For those who have not received the funds, they should be patient because very soon they will receive theirs,” Mr Mukuka said.

Suzanne Simalambo, who deals in vegetables and Catherine Kalumbu who sells second hand clothes and ladies hand bags, also commended the initiative by President Lungu and advised him to ignore his detractors who are always criticizing his good intentions.

Ms Simalambo said she got K2,000 from the initiative which has helped her to boost her business and increase the capital base, while Sinclair Kachali another trader who deals in second hand clothes, said the initiative has helped her business to grow.

“Before I received the money, I used to buy three bales of second hand clothes, but after I got the money, I am now buying four bales of second hand clothes. If things move well, I may even start buying five bales of second hand clothes. I think this initiative is really helping marketeers and President Lungu deserves to be commended for his initiative.

“For those who are doubting this initiative, they should get close and see for themselves that the initiative is really working. President Lungu should not be detracted by prophets of doom. What he is doing is right, but his enemies want to paint it black,” Ms Kachali said.

And patron of marketers and vendors, Chanda Kabwe, has said President Lungu decided to come up with the initiative to  help marketeers grow their businesses because he was not greedy and selfish like some opposition leaders who boast about having a lot of money but cannot help the poor.

Mr Kabwe said President Lungu, through the Presidential Empowerment Fund, was helping marketeers and vendors grow their businesses because he wanted to share even the little for everyone to benefit.

“President Lungu comes from a humble background and believes in sharing even the little for every one to benefit. He is not a greedy and selfish leader like some of these opposition leaders who boast about having a lot of money, but cannot share it with anybody.’’

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