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NATSAVE Lands a Financing Deal of CAMCO Equipment Machinery

NATSAVE Lands a Financing Deal of CAMCO Equipment Machinery

Posted On: 13 October 2022 Partnerships | 1118

NATSAVE Bank and CAMCO Equipment Zambia have signed a Memorandum of understanding (MOU) that will see NATSAVE finance the purchase of CAMCO Equipment machinery through a loan facility.

Gracing the signing of the MOU was the Western Province Minister Honourable Kapelwa Mbangweta, who later was joined by Honourable Garry Nkhombo, Minister of Local Government and Honourable Frank Tayali, Minister of Transport and Logistics.

NATSAVE CEO Malcolm Chabala said the MOU will see the bank offer a facility to individuals and enterprises to acquire equipment such as a walking tractor, plow, tractors, combine Harvest, Sprayer, and many more to start their agricultural businesses.

The CEO revealed that NATSAVE has extended roots in the western province with 3 branches namely Kalabo, Lukulu, and Mongu that are participating in viable projects aiming to benefit people of the Western province adding that added that the bank will continue to be intentional and relevant to offering homegrown solutions for its clients.

Meanwhile, the Western province Minister Hon. Kapela Mbangweta said he was delighted to have graced the MOU singing which will see opportunity and growth for the people of the Western province adding that this could have not come at a better time than this.

Hon. Mbangweta said the occasion signifies the beginning of supporting the MSEMEs in the Western province, which will grow and create opportunities for the people of Zambia.

The minister added that the government will continue to ensure MSEMs have access to affordable tailor-made solutions.

Others dignitaries in attendance were Permanent Secretary Western Province Simomo Akapelwa, His Worship the Mayor of Mongu Nyambe Muyumbana, Western Province deputy Permanent Secretary Mulwanda, Local government Permanent Secretary Nicholas Phiri, Council Secretaries, and other government officials.