{"id":9582,"date":"2020-05-29T18:48:41","date_gmt":"2020-05-29T18:48:41","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=9582"},"modified":"2020-05-29T18:48:41","modified_gmt":"2020-05-29T18:48:41","slug":"loan-beneficiaries-urged-to-pay-back-on-time","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time","title":{"rendered":"LOAN BENEFICIARIES URGED TO PAY BACK ON TIME"},"content":{"rendered":"

AfricaPress-Tanzania:<\/strong> SOCIETY groups receiving loans from councils and other financial institutions should build trust and payback on time to enable others to benefit from the assistance as well.<\/p>\n

Simanjiro District Commissioner, Eng Zacharia Chaula, said at a function in Manyara region on Thursday, where several self-help groups were receiving money in the area for their economic activities.<\/p>\n

Eng Chaula also asked the groups to \u201cwisely use the loan and pay back on time\u201d for others to be loaned out as well.<\/p>\n

NMB Central Zone Manager, Nsolo Mlozi, said, when handing over the loans to the groups, the bank was also educating beneficiaries on business and financial matters and benefits of banking their money.<\/p>\n

\u201cBesides education enlightenment and finance matters, the bank is cooperating with councils to support other groups in the communities especially in education, health and when calamities strike,\u201d he said.<\/p>\n

He further said the bank has set aside one per cent of its accrued profit every year that it ploughs back to the community in efforts to help the government to realize its poverty alleviation ambition.<\/p>\n

Shedding light on the loans, Simanjiro District Council Director, Yefred Myenzi said 244.6m\/- has been released to the self-groups in the area, sourced from their internal revenue collections.<\/p>\n

\u201cGovernment intention to issue loans through councils is to build the capacity of the special groups economically as stipulated in the law,\u201d he said.<\/p>\n

So far 1,412 residents in this council has benefited where 1074 are women, 372 being the youth and 40 being people living with disabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Tanzania: SOCIETY groups receiving loans from councils and other financial institutions should build trust and payback on time to enable others to benefit from the assistance as well. Simanjiro District Commissioner, Eng Zacharia Chaula, said at a function in Manyara region on Thursday, where several self-help groups were receiving money in the area for their […]<\/p>\n","protected":false},"author":84,"featured_media":9574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8],"tags":[4146,4145,4144],"class_list":["post-9582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","tag-self-help-groups","tag-yefred-myenzi","tag-zacharia-chaula"],"yoast_head":"\nLOAN BENEFICIARIES URGED TO PAY BACK ON TIME - Tanzania<\/title>\n<meta name=\"description\" content=\"SOCIETY groups receiving loans from councils and other financial institutions should build trust and pay back on time to enable others to benefit from the\" \/>\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\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LOAN BENEFICIARIES URGED TO PAY BACK ON TIME\" \/>\n<meta property=\"og:description\" content=\"SOCIETY groups receiving loans from councils and other financial institutions should build trust and pay back on time to enable others to benefit from the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time\" \/>\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=\"2020-05-29T18:48:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/1c0fa69e096fce6679ee925608d54531.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"LOAN BENEFICIARIES URGED TO PAY BACK ON TIME\",\"datePublished\":\"2020-05-29T18:48:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time\"},\"wordCount\":259,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/1c0fa69e096fce6679ee925608d54531.png\",\"keywords\":[\"self-help groups\",\"Yefred Myenzi\",\"Zacharia Chaula\"],\"articleSection\":[\"all news\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/loan-beneficiaries-urged-to-pay-back-on-time\",\"name\":\"LOAN BENEFICIARIES URGED TO PAY BACK ON TIME - 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