{"id":12098,"date":"2020-07-15T16:56:02","date_gmt":"2020-07-15T16:56:02","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=12098"},"modified":"2020-07-15T16:56:02","modified_gmt":"2020-07-15T16:56:02","slug":"sido-releases-281-5m-loans-for-poverty-alleviation-in-region","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region","title":{"rendered":"SIDO RELEASES 281.5M\/- LOANS FOR POVERTY ALLEVIATION IN REGION"},"content":{"rendered":"<p><strong>AfricaPress-Tanzania:<\/strong> SMALL Industries Development Organisation (SIDO) has released 281.5m\/- as loans to 156 residents of Dodoma region purposely to boost their economic activities in the 2019\/2020 financial year.<\/p>\n<p>The loans have benefited small scale entrepreneurs largely women and youth who engage in income generating activities in industrial and agricultural sectors.<\/p>\n<p>Speaking to journalists, Loans Officer for Dodoma Region, Mr Justine Kahemela urged entrepreneurs in Dodoma to seek more loans that will enable them to improve their businesses.<\/p>\n<p>Mr Kahemela pointed out that the programme is being coordinated by five institutions namely SIDO, Vocational Education and Training Authority (VETA), Azania Bank, National Economic Empowerment Council (NEEC) and the National Social Security Fund (NSSF).<\/p>\n<p>He said the programme to issue the loans is part of the goals set by fifth phase government under President John Magufuli that is determined to support industrial economy.<\/p>\n<p>\u201cStatistics show that our loans have improved projects and provided over 128 employment opportunities to the youth,\u201d he said.<\/p>\n<p>Mr Kahemela advised residents of Dodoma to continue using services offered by SIDO including training in industry and technology as well as financial affairs.<\/p>\n<p>\u201cI advise entrepreneurs to consult experts from financial institutions before setting up any business,\u201d he said.<\/p>\n<p>Commenting, Ms Eva Lebby Minde, one of the loans beneficiaries, expressed gratitude to SIDO for the loans programme, noting that the organisation has become great liberator for the entrepreneurs without business capital.<\/p>\n<p>\u201cWe are thankful to SIDO for supporting us in terms of business capital through loans to improve productivity,\u201d she said.<\/p>\n<p>Dodoma Regional Business Development Officer, Mr Crispin Kapinga, invited more business operators to SIDO in order to understand business opportunities, noting that the residents should make use of the business opportunities.<\/p>\n<p>On his part, Dodoma Regional Manager for SIDO, Mr Sempeho Manongi, said they will still mobilize Dodoma residents to grab business opportunities within the area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AfricaPress-Tanzania: SMALL Industries Development Organisation (SIDO) has released 281.5m\/- as loans to 156 residents of Dodoma region purposely to boost their economic activities in the 2019\/2020 financial year. The loans have benefited small scale entrepreneurs largely women and youth who engage in income generating activities in industrial and agricultural sectors. Speaking to journalists, Loans Officer [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":12075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[4846,4847,2645,1448],"class_list":["post-12098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-eva-lebby-minde","tag-justine-kahemela","tag-loans","tag-sido"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SIDO RELEASES 281.5M\/- LOANS FOR POVERTY ALLEVIATION IN REGION - Tanzania<\/title>\n<meta name=\"description\" content=\"SMALL Industries Development Organisation (SIDO) has released 281.5m\/- as loans to 156 residents of Dodoma region purposely to boost their economic\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SIDO RELEASES 281.5M\/- LOANS FOR POVERTY ALLEVIATION IN REGION\" \/>\n<meta property=\"og:description\" content=\"SMALL Industries Development Organisation (SIDO) has released 281.5m\/- as loans to 156 residents of Dodoma region purposely to boost their economic\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-15T16:56:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/07\/acc9f227a6004e596375d3bef85c8930.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"553\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"SIDO RELEASES 281.5M\/- LOANS FOR POVERTY ALLEVIATION IN REGION\",\"datePublished\":\"2020-07-15T16:56:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region\"},\"wordCount\":316,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/07\/acc9f227a6004e596375d3bef85c8930.png\",\"keywords\":[\"Eva Lebby Minde\",\"Justine Kahemela\",\"loans\",\"SIDO\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/sido-releases-281-5m-loans-for-poverty-alleviation-in-region\",\"name\":\"SIDO RELEASES 281.5M\/- LOANS FOR POVERTY ALLEVIATION IN REGION - 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