K50 million set for livestock loans

THE Development Bank Zambia (DBZ) has this year set aside K50 million for loan disbursements to livestock and crop projects across the country to support the development of the two sectors in rural areas.

DBZ managing director Jacob Lushinga said the bank has also set aside K24 million to provide financial support to various business ventures in the country.
Speaking when he appeared before Parliamentary Committee on Agriculture, Land and Natural Resources chaired by Kaputa Member of Parliament Maxas Ng’onga, Mr Lushinga, however, said the bank is aware of challenges faced by livestock farmers in relation to poor access to finance.

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