Zimbabwe China loan sparks hope for project funding
Yesterday, we let our subscribers know about the $36 million loan that China has extended to Zimbabwe for “projects.”
One subscriber was concerned that with the Zimbabwean economy as bad as it is, and unemployment being so high, Zimbabwe shouldn’t be taking loans – that is, how will we pay it back?
Unsurprisingly, however, given Zimbabwe’s joblessness, a number of other subscribers were curious how they might benefit from the loan for their own projects.
Some of the feedback we received includes:
- Do any one enter into the loan?
- How will the applicants be considered for these loans?
- How could i get that loan
- Are these projects open to every one of the public
- Iam interested with the China loan how do I go about it many thanks
- Messge ndaiona saka zvakamira sei pamaprojects acho (I saw your message – So how do things stand with these projects?)
- How can i get to be consideree
- May you kindly shade more light on the loans.
- Looking for projects to help unemployed youths give advice
- How can i get a loan of $500 to start a pig project?
- Hw do i excess the youth loan
I note the Herald article about the loan says that it is for “various projects.”
Since the Minister of Youth Development, Indigenisation and Empowerment, Saviour Kasukuwere, just said on Wednesday that social media helps him interact with young people ~ those at the core of his ministry, I’m asking him via this blog (which I’ll also draw his attention to via Twitter) if he can shed any light on the China loan scheme and the projects it is intended for.
Minister Kasukuwere, two questions:
1) Are there any plans to extend some of the project support the new loan from China will provide to individuals’ or communities’ income generating projects?
2) How may youths (and other Zimbabweans) looking for support in income generating projects access other government support facilities?