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November 2, 2016: The Eastern Cape Rural Development Agency (ECRDA) says it approved a total of R14.8 million in loans to rural entrepreneurs in the 2015/16 financial year. Actual disbursements amounted to R12.5 million while R11.8 million of this amount were ECRDA agricultural loans which went to 265 clients. In the same period, ECRDA collected R13 million in loan repayments. Announcing the agency's annual results, ECRDA chief executive officer Thozamile Gwanya says the majority of the … [Read more...] about Rural entrepreneurs benefit from R14.8 Million in loans