CALL FOR LOAN APPLICATIONS
APPLICATIONS ARE INVITED FROM THE ZAMBIAN YOUTHS WISHING TO UNDERTAKE BUSINESS INVESTMENTS WITH FUNDING UNDER THE AQUACULTURE SEED FUND YOUTH EMPOWERMENT INITIATIVE FROM THE ZAMBIA AQUACULTURE ENTERPRISE DEVELOPMENT PROJECT
The Government of the Republic of Zambia, through the Ministry of Fisheries and Livestock with support from the African Development Bank, is implementing the Zambia Aquaculture Enterprise Development Project (ZAEDP) whose objective is to contribute to economic growth as well as provide food and nutrition security in Zambia. The Project development objective is to advance the aquaculture sub-sector as a viable and inclusive business opportunity, through enhanced production and productivity, in order to improve the livelihoods of beneficiaries along the Aquaculture Value Chain.
The Ministry of Fisheries and Livestock is the Executing Agency while the Department of Fisheries is the Implementing Agency. The Ministry of Fisheries and Livestock has appointed the Citizens Economic Empowerment Commission (CEEC) to be the Implementing Partner of the Aquaculture Seed Fund component ofthe Project.
CEEC will provide business loans to targeted Zambian youth citizens (aged 21 to 35) and youth owned companies and youth cooperatives for the development of businesses along the Aquaculture Value Chain.
Projects to be considered for funding include fingerling production, fish feed production, grow-out (fish production), fish aggregation and marketing, fish processing and value addition. The projects will focus on the production and utilisation of tilapia, popularly known as bream, and catfish popularly known as Mulonge, Mulamba, Ndombe and many other local names.
The Commission now invites applications from targeted Zambian youths wishing to undertake investment projects along theAquaculture Value Chain.
Proposals will initially be in form of Project Concept Notes (CNS) in line with the Application Form provided by the Commission. Submissions that will not follow the Application Form will not be considered. The selected applicants will progress to business plan development and financing.
Eligible beneficiaries ofthe Aquaculture loan facility shall be:
(i) Market oriented smallholder youth farmers’/producer groups
(ii) Youths incubated and trained by ZAEDP
(iii) Registered youth associations or cooperatives of farmers/producers
(iv) All other viable Aquaculture Value Chain Micro, Small and Medium youth entrepreneurs including traders, processors, cold chain and logistical services providers, large fish farmers and private sector suppliers of implements, accessories, other goods and service providers.
Application Forms can be obtained from all Department of Fisheries offices, CEEC Provincial Offices Country wide, CEEC Head Office at Empowerment House Plot #6457, Los Angeles Boulevard, CEEC Office in Rhodes Park, House #45, Joseph Mwilwa, Lusaka, ZAEDP PIU Office at Plot 13A, Flat 3 on Reedbuck Road, Kabulonga, Lusaka and the CEEC website:
www.ceec.org.zm,. All loan application forms shall be available to applicants
DEADLINE AND PLACE OF SUBMISSION OF APPLICATIONS: Duly completed applications are to be submitted at the District Fisheries Office in the district where the business will be undertaken. The deadline for submission of applications is at 10:00 hours on Friday, 14th August 2020.
In line with Government’s policy, the Commission also prioritizes and encourages the participation of young women and youths with disabilities.
CITIZENS ECONOMIC EMPOWERMENT COMMISSION