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Mutinta Lumayi Urges Zambians To Form Cooperatives

Mutinta Lumayi Urges Zambians To Form Cooperatives

  Mutinta Urges Zambians To Form Cooperatives ZAMBIANS must not underestimate the economic benefits of belonging or forming cooperatives. This is because cooperatives can be a form of job creation and also investment opportunities are availed to members. MUTINTA LUMAYI, the Care Cooperative Savings and Credit Society Limited General Manager says cooperatives contribute to the country’s economic growth. Ms. LUMAYI says a number of people have started and cultivated their businesses through the savings and loans obtained from cooperatives. She says Government and the Private Sector can only do so much as far as job creation is concerned adding that the real deal lies in self-employment. Ms. LUMAYI spoke in an interview with Loyola Television News in LUSAKA. Care Cooperative Savings and Credit Society Limited is a credit cooperative which gives out loans and encourages saving among members. It has more than five thousand members and is worth more than 100 000 000 kwacha in loans. Ends/Loy