CADECOM’s Unblocked Cash Project Phases Out
A six month unblocked cash (UBC) transfer project which the Catholic Development Commission in Malawi (CADECOM) in partnership with Oxfam implemented in Phalombe district has finally phased out.
The project according to CADECOM Diocesan Secretary for Blantyre Diocese Mandinda Zungu, targeted 450 households in Traditional Authority Chiwalo and each family was buying its needs electronically with K45, 000 every month for a period of six months.
“This was a lean period project and its objectives were to enhance the food security situation to 450 hunger affected households to enhance capacity of the Small and Medium Enterprises (SMEs) on the use of technology when doing their cash transactions,” said Zungu.
She said they were working with 14 vendors whom they gave mobile phones and the beneficiaries were given card loaded with K45, 000 every month for six months to purchase anything they want apart from drugs and alcohol.
District Commissioner for Phalombe Douglas Moffat has hailed the project saying this is what government is currently promoting.
“As a district, we are worried that the project has come to an end considering that several households are still foodless after their crops were washed away by the Cyclone Freddy induced rains,” said Moffat.
One of the project beneficiaries Gift Mulewa told Zodiak Online that the past six months life was better in his family as they were able to get basic needs through the project.
Chrissy Biziweck, a vendor within Chiwalo area said the project boosted her business as she was able to order and sell goods within days.
The total project cost according to Mandinda Zungu was USD 110, 000 which is equivalent 110 million Malawi Kwacha and it was supported by the European Union.