Phalombe youth excel in group investment

Phalombe, Youth in Phalombe have shown commitment towards group investment through government-initiated Malawi Youth Forest Restoration Programme (MYFRP) in the area of Traditional Authority (TA) Mkhumba.

Malawi News Agency (Mana) learnt the development on Thursday 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 participated in activities of the MYFRP have managed to establish Village Savings and Loans groups as well as engaging in livestock management and fish pond farming.

Despite facing some challenges such as the benefit from the wages being too small; as a group we decided to multiply the proceeds so that every member should equally benefit.

We have renovated our old fish pond and stocked it with 200 fingerlings of tilapia, Director for Linguni Hope for Youth Organization, Jonathan Simon said.

According to the Director, this year the group expects to harvest fish that would produce over 200 per cent profit from the money that they have invested in fish pond management.

We have invested a capital of slightly above K50, 000. But everything being equal, we hope to make at least K300, 000 from the first harvest scheduled for September, Simon added.

Equally thriving out of the programme’s proceeds are Chigwirizano, Chingazi and Nanzunga youth clubs where the money has been invested in the rearing of goats for sale.

In an interview with Mana, District Forestry Officer for Phalombe, Moses Mtambo commended the youths for managing to make investments out of the little money received, saying that is the way to go if youths were to develop.

He encouraged the youth to continue taking care of the trees even in the absence of government programmes such as the MYFRP.

While government decided to attach an incentive to forestry work, it is good that the youth have used it to their economic benefit. However, I would like to call upon all youths to be patriotic and take tree planting as a personal responsibility, Mtambo added.

Phalombe District Youth Officer, Ian Sukali commended the youth groups for displaying a team spirit in improving their economic lives.

Source: MANA Online