Bie: Young Entrepreneurs told to join Projovem loan

Cuito – Young entrepreneurs in the province of Bie today were advised to join the Projovem credit line, a project of the Angolan Government for financing small businesses.

According to the director of youth and sports in the region, Domingos Capama, who was speaking at a meeting with entrepreneurs, carried out under the credit line to support the young entrepreneur, of the projects to be financed and already identified, highlight the sectors of commerce, hospitality and tourism, agriculture, arts and crafts.

According to the person in charge, each young person will have a loan of 100,000 to 40 million kwanzas, emphasizing that the idea is to give the young person the opportunity to have his/her own business and to reduce the unemployment in the country.

The program covers every national citizen from 18-year to 40-year old, whose official launch happens next week.

Source: Angola Press News Agency