BPC Micro-Credit Benefits Over 950 People

Sep 2006
Luanda, Angola , September, 18 2006 - A total of 963 people from five provinces of the country benefited, during the first semester of this year, from the project of the Angolan Government of micro-credit and credit to the consumption, for professionals of the Health, Education and Rural area.

The programme, managed by the Savings and Credit Bank (BPC), has already granted USD 2,500 million.

In the country's capital, the credit to the consumption, launched in September 2005, benefited 540 teachers and 28 nurses. In Cunene province, the governmental initiative attended already eight teachers and 13 nurses.

In Lunda-Norte, the credit has helped also 65 teachers and nine nurses. In Moxico province were 33 teachers and 34 nurses. In Namibe province benefited from the credit 34 teachers and 32 nurses. Whereas in Lunda -Sul 50 nurses.

In what regards to the micro-credit, the project covered 60 peasants of Luanda province and 57 from Namibe.

Launched by the Angolan Government on September 17th of 2005, in Angola's central Huambo province, the credit to the consumption and micro-credit aims to help the Health, Education and Peasants professionals in the acquisition of goods and agricultural tools.

The project, launched jointly by the Sol and Savings and Credit Bank, is worth in USD 10 million.

Source : All Africa

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