The Zambia National Marketeers Credit Association (ZANAMACA) says there is need to conduct capacity building on financial management among Marketeers.

ZANAMACA President Mupila Kameya Says most of the marketeers have been having challenges to effectively handle the loans that they acquire from various financial lending institutions.
Mr. Kameya has told komboni radio news that lack of proper business capitalization skills has made it difficult for the marketeers to grow their businesses.
The ZANAMACA president has explained that some marketeers have gotten loans from more than one lender.
Mr. Kameya adds that this makes it difficult for businesses to grow as most marketeers spend more money on servicing multiple loans.
He says his organisation has since partnered with the Zambia Development Agency (ZDA) and will soon conduct capacity building programmes for marketeers.

Posted in Business News.

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