By Ivan Twesigye
Kitagwenda District authorities have launched a fresh campaign to recover Parish Development Model (PDM) loans from beneficiaries who received the funds three years ago.
The District Commercial Officer and PDM Focal Person, Fred Musinguzi, said beneficiaries from the first cohort have now exceeded the repayment period and are required to begin repaying the loans to ensure the Parish Revolving Fund remains operational.
According to Musinguzi, Kitagwenda District has so far received Shs22.75 billion under the Parish Development Model, of which Shs19.75 billion has already been disbursed to beneficiaries. However, loan recovery remains low, with only about Shs40 million recovered so far.
He warned that the district will take tougher action against beneficiaries who continue to default despite repeated reminders to repay the money.
The Parish Development Model is a government programme designed to move households from subsistence farming into the money economy through affordable loans provided under the Parish Revolving Fund.
Across the country, loan recovery has remained a major challenge, with many beneficiaries reportedly treating the funds as grants rather than repayable loans, slowing the revolving fund’s ability to support new beneficiaries.
