CEEC recovers K87m from loan beneficiaries
Published On January 10, 2024 » 308 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
THE Citizens Economic Empowerment Commission (CEEC) has so far recovered K87 million from its loan beneficiaries, representing a 70 per cent recovery rate for 2023 against the intended 85 per cent.
CEEC recovered K87,094,761,86 leaving the amount due at K124,421,088.
The commission is delighted with the loan recovery rate achieved for 2023 stating that it recognised that many of its clients were faced with a challenging economic environment.
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