Tag: Rural Youth Project - Business in Cameroon

Wednesday, 09 October 2013 12:59

16. 9 Million For 37 Adamawa Youth

Some 37 youth in the Adamawa region have been given 16, 900, 000 CFA francs to boost their entrepreneurship. Their projects have been selected from among 1,235 others to benefit from Urban and Rural Youth Project, Pajer-U, financing for 2013. The youth came from Vina, Djérem, Mayo Banyo, Faro and Déo and from Mbéré Divisions.

The interest-free loans ranged from 250,000 to 1,000,000 CFA francs and will go into agriculture, hairdressing, cattle rearing and others.

The national coordinator of Pajer-U, Pierre Matongo, is quoted as saying that all is being done to right the wrongs of the first phase wherein reimbursing posed a serious problem.

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