CDF loans: Empowerment or debt-trap?
The Reformed Constituency Development Fund has allocated K5 billion to help unemployed youth and women build livelihoods. Within this fund, the government set aside K200 million per constituency for economic empowerment. This is split evenly, with K100 million for youth and K100 million for women. There are questions about whether these loans empower people or create debt traps.
For thousands of youth and women seeking to escape the pangs of unemployment and build sustainable livelihoods; the Reformed K5 billion Constituency Development Fund (CDF) has brought renewed hope for economic empowerment. Government has earmarked K200 million per constituency for economic empowerment—K100 million for youth and K100 million for women—ring-fenced within the K5 billion CDF. … The post CDF loans: Empowerment or debt-trap? appeared first on Nation Online .