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Aga Khan pledges support for Zanzibar - 2009-07-31

The Citizen

His Highness the Aga Khan yesterday assured Zanzibar of continued support in undertaking development projects, including setting up a microfinance scheme that will provide loans amounting to more than Sh1 billion.

Speaking during the opening of the refurbished Forodhani Park, the Aga Khan said the initiative would offer about 1,000 loans to different segments of Zanzibaris.

Forodhani Park has been rehabilitated by the Aga Khan Trust for Culture (AKTC) at a cost of $3 million (Sh3.9 billion) from the initial estimates of $2.4 million (over Sh3 billion).

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