Tanzania: Agri-Financial institution Points Boat Loans to Rukwa Fishermen

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Rukwa — RUKWA: TANZANIA Agricultural Growth Financial institution (TADB) has partnered with the Ministry of Livestock and Fisheries to supply 4 fibre fishing boats to fishermen from Rukwa and Katavi respectively.

Underneath the settlement of the 295.5m/- mortgage, the boats shall be lent to a few fishermen in Rukwa and one in Katavi. The mortgage is a zero-interest charge.

Prof Mohammed Sheikh from the Ministry of Livestock and Fisheries mentioned yesterday that the boats are half of a big nationwide transformational technique focusing on beneficiaries from Fishing Cooperative Organisations (FICOs), girls and youth neighborhood teams (CBOs), people and firms engaged in fishing actions.

“On this first part, 160 fibre fishing boats valued 11.09bn/- shall be supplied to fishermen throughout the nation. The boats come in numerous sizes, starting from 5 metres to 14 metres,” mentioned Prof Sheikh.

The Deputy Minister for Livestock and Fisheries Mr Alexander Mnyeti handed over a ship to a bunch of fishermen at Nankanga in Rukwa and one other boat to a bunch of fishermen from Karema Ward alongside the shoreline of Lake Tanganyika in Tanganyika District, Katavi area. The 2 boats price over 158.5m/-.

The second occasion happened at Kasanga Port alongside the shoreline of Lake Tanganyika in Kalambo District in Rukwa area the place Mr Mnyeti handed two boats to Rungwa Fisheries and Advertising and marketing Cooperative Society (RUFIMA) from Muze Ward alongside the Lake Rukwa Basin in Sumbawanga District.