Government awards fisheries loans to 32 women
25 May 2015, 3:42 PM
The government awarded loans worth MVR1.6 million (US$103,761) yesterday to 32 women under a programme to encourage female youth entrepreneurs in the fisheries sector.
Deputy minister of fisheries and agriculture Ahmed Hafiz told Minivan News today that the loan scheme offered loans of either MVR50,000 (US$3,242) or MVR100,000 (US$6,485) to develop fish products.
“As stated in the government’s manifesto, the loans were aimed for youth to encourage youth participation in the fisheries industry,” he said.
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