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Phalombe youths excel in group investment

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By Sam Majamanda


Young people of Phalombe district have shown commitment towards group investment through the Malawi Youth Forest Restoration Programme (MYFRP) that government initiated this year.

Malawi News Agency discovered the development on Wednesday through a media tour that Phalombe District Forestry Office organized with an aim of displaying the impact of the project, barely a month after its full implementation.

According to findings on the ground, some of the youth clubs that took part in activities of the MYFRP have managed to establish Village Savings and Loans groups as well as starting livestock management and domestic fishery.

“Despite challenges that were there such as the benefit from the work being too small for the days that we worked, as a group we decided to multiply the proceeds so that every member will be able to benefit from it time after time. We have renovated our old fish pond and stocked it with 200 fingerings of tilapia,” said Jonathan Simon Director for Linguni Hope for Youth Organization in the area of Traditional Authority Mkhumba in the district.

According to the group, from the money that they have invested in fish pond management they are hopeful that they shall be able to harvest fish that will produce over 200 per cent profits for them before the end of this year.

“We have invested a capital of slightly above 50 000 Kwacha, but everything being equal we hope to make at least 300 000 Kwacha from the first harvesting scheduled for September,” Simon added.

Another interesting investment that young people made out of the programmes proceeds was registered at Chigwirizano, Chingazi and Nanzunga Youth Clubs where the money has been invested in the rearing of goats for sale.

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