The Lusaka City Council (LCC) has disbursed over K11 million in Constituency Development Fund (CDF) loans to beneficiaries in Matero Constituency between 2022 and 2025.
A total of 242 local entrepreneurs, cooperatives, clubs and individual businesses have received support through this initiative, aimed at steering inclusive economic development in the constituency.
LCC Assistant Public Relations Manager, Nyambe Bulumba, highlighted that in 2022, K1,931, 200 was disbursed to 102 cooperatives, followed by K3,227,495 awarded to 51 beneficiaries in 2023.
He said in 2024, the Council awarded K2,984,319 to 39 groups while in 2025, K3,317,000 has been loaned to 50 beneficiaries.
“This sustained investment highlights government’s ongoing commitment to empowering communities by creating economic opportunities, stimulating local enterprises and improving livelihoods,” said Mr. Bulumba in a statement issued to RCV News in Lusaka today.
He said by supporting grassroots initiatives, the Council seeks to unlock the economic potential of Matero residents and contribute meaningfully to the broader development of the city of Lusaka.
By Margaret Mwanza
