Projects - Economy - Business Start-ups
We received a grant of £2000 from the Esmee Fairbairn Foundation. This was used to provide loans of up to £250 each to youth groups in Dedza to start or develop businesses.
Because of the lack of employment opportunities in Dedza, young people are encouraged to form local youth groups to socialise, take part in sport, help their communities, develop businesses, etc. They are assisted by a Youth Officer in the District Council and organised into a district-wide network.
Some of these youth groups put forward ideas and costs for business start-ups. These were checked by the Youth Officer and a selection was made by the network committee. Loans are interest free. The groups pay back over a number of years and this will provide a rotating fund for further loans.
Examples of the youth groups’ businesses are –
Chimchemwe – Already does maize farming and pig breeding. Bought a diesel irrigation pump for growing potatoes and vegetables to sell at a local market.
Mphunzi – Established a welding business on the main road to Lilongwe. Bought welding equipment.
Tiyese Sister to Sister – Wanted to start pig farming. Had built pigsty. Used money for pigs, feed and veterinary drugs.