Bui youth reluctant to pay PAJER-U gratis loans

PAJER U

Sun, 13 Apr 2014 Source: cameroononline.org

The National coordinator of the Urban and Rural programme support for youth abbreviated (PAJER-U) Mr. Matongo Pierre led a team of officials of PAJER-U from Yaounde and the North West Region to sensitize youth in Bui division who owe the PAJER-U loans given out to them since 2010 on gratis to reimburse their loans or face repressive recovery methods.

The sensitization meeting that took place in Kumbo on the 9th of April 2014 was presided over by the second Assistant Prefect for Bui Mr. Meke Brice Olinga listened to reimbursement reports presented by the sub divisional delegates of youth Affairs and civic Education for Kumbo , Jakiri , Oku, Noni and Nkum subdivisions. In all the reports presented the youth who owe the PAJER-U loans were very reluctant and slow to reimburse their various loans obtained on gratis.

It was revealed during the meeting that out of a total loan of 51.5million francs grated to the youth of Bui only a meager sum of 7.6million francs has so far been reimburse.some of the youth are so recalcitrant that they have so far reimburse nothing at all.

Speaking at the occasion Mr. Meke Brice Olinga said the PAJER-U programme was put in place to promote and empower youth to be self employed even though they are not taking it seriously. He told the youth that by refusing to pay back the loan they are blocking the chances of other youth as the money was meant to revolve and assist other youth. He told the beneficiaries to be duty conscious and repay the money before government embark on repressive recovery methods of the money as some of them would be arrested and prosecuted. He reminded the beneficiaries to use the loans for the purpose it was destined for.

The National coordinator of PAJER-U Mr. Matongo Pierrre in his speech made it clear to the PAJER-U loan defaulters that it was the last time the team was coming out to sensitize them to reimburse their delinquent loans. He told them that the loan scheme was not for a durable project. He called on them to air out the problems they face in reimbursing the loans. He said the next outing will be to arrest the defaulters of the loans.

Some of them complained of their savings in the FIFA bank account and Insurance they insured with doing nothing to pay for loss incurred in animal rearing.

Cameroon Tribune

Source: cameroononline.org