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Politics News

Deputy House Speaker Launches LD $ 2M Micro loan program

Deputy House Speaker Prince Kermue Moye has launched a two Million Liberian Dollars loan scheme in an effort to help rural women in Gbarnga, Bong County.

The non-payable loan, which was launched over the weekend during the endorsement of Former Internal Affairs Minister Dr. Henrique Flomo Tokpa as a senatorial candidate to replace Vice President Jewel Taylor is expected to benefit forty nine groupings under the banner “Traditional Friends of Moye”.

The Traditional Friends of Moye is a conglomeration of citizens mainly traditional people who supported the second term mandate of Deputy Speaker Prince Kermue Moye during the October 10th 2017 general elections.

With the support of the Deputy Speaker, members of the group will now be able to enter into new business venture that enable them send their children to school, feed them and also positively respond to their health issues.

Prior to the launch of the loan Program, Executives of the group had earlier complaint about the difficult economic situation in the country, something they say have hinder them from paying their children’s tuition Launching the loan scheme, Mr. Moye said it is important to always help the needy and as such, launching the loan was the best alternative which he said will help to improve the lives of beneficiaries.

According to him, the two million Liberian Dollars is just an initial amount from his office which will be distributed among members of the group to start their local businesses.

The deputy speaker said his desire to contest for the position was to help the local citizens adding that he remains passionate to ensuring the wellbeing of his people.

“We do not want to be like people who have but can’t give to others. That is why we will always help you in whatever ways we can. Besides the loan, we will also make sure to have at least seventy five percent members of the organization on our scholarship scheme across Bong County” Moye added.

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He promised to follow the distribution exercise in making sure that members of the group receive their fair share of the loan.The deputy speaker also presented one hundred thousand Liberian Dollars to be placed in the group’s account and additional fifty thousand Liberian Dollars for agriculture activities.

Our Bong County Correspondent says after the pronouncement of the said amount, members of the group were dancing and chanting slogan in the kpelle language “Moye ya mo ya geh, Moye ya mo ya geh” (Moye is talk and do)

BY: Joseph Titus Yekeryan in Bong County

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