Visionary Reports

Livestock farmers in the littoral region are on the right footing

An evaluation meeting of the Livestock Development Project, PRODEL that took place in Douala on Tuesday December 15 2020, gave an opportunity for stake holders to assess the road covered so far , the difficulties and  positive strides of the project at the moment. While in Douala, the different stakeholders took time off to visit livestock farms under the PRODEL in Douala.

The PRODEL project that is ongoing will run from 2017- 2023 with sponsorship from the World Bank, will cost CFA 60 billion and the main beneficiaries are livestock farmers and producers.

The Coordinator of the PRODEL project, Dr. Abouame Sale reiterated government efforts in the improvement of the livelihood of Cameroonians. He said the project will go a long way   to assist livestock farmers to improve on their production and provide source of protein for the Cameroonian population. To him, the project has been on a good footing this far and they have to redouble efforts to achieve their goals before the project runs out in 2023.

 Meanwhile according to the rural finance officer for the PRODEL project Mr Eloundou Owona said after two years of execution, PRODEL has funded about 50 business plans, assist beneficiaries in the elaboration of 80 business plan and more.

Mr Eloundou said 9 business plan have been elaborated in the littoral region alone, while adding that CFA 669 million  is allocated for the littoral region, financial institution will have to offer CFA 385 million while beneficiaries will offer 151 million.

During the evaluation meeting, some financial institutions that have provided loans to the beneficiary farmers were also encouraged to continue doing the good works. To this effect a support range from CFA one – CFA three million was offered to some of the financial institutions who have been supportive to the project. One of the institutions is BATCCUL whose general manager Ndam Constance expressed satisfaction with the manner in which beneficiary are paying back the loan. She said despite the outbreak of the Covid 19 pandemic, beneficiaries respected the terms of the re-imbursement contract

By Gina Esong