Kanye District Council is facing challenges recovering money from beneficiaries of the Bonno National Housing Programme, raising concerns about the future sustainability of the revolving fund.
Addressing a full council meeting last week, Council Chairman Morapedi Kgosithebe said slow and non-payment of housing loans by some beneficiaries affect the programme.
Bonno Housing Scheme currently has a cumulative total of 1,549 beneficiaries, with 1,488 active loans. As of March 2026, only 63 loans had been fully settled, amounting to P1.8 million.
Since its inception, the scheme has financed 1,549 beneficiaries at a cumulative cost of more than P55.7 million.
Despite the investment made through the programme, the council continues to experience difficulties collecting repayments from some beneficiaries, with others either paying irregularly or failing to service their loans altogether.
The council fears that continued non-payment could affect the ability of the scheme to assist future applicants, as the programme relies on repayments from existing beneficiaries to fund new housing projects.
In an effort to improve compliance, council officials launched a house-to-house campaign aimed at educating beneficiaries on the importance of honouring their repayment obligations.
The campaign sought to remind beneficiaries that the housing scheme operates as a revolving fund and that repayments are necessary to ensure that more residents can access assistance.
According to Kgosithebe, the exercise reached 505 beneficiaries and is expected to continue, subject to the availability of resources.
Addressing a full council meeting last week, Council Chairman Morapedi Kgosithebe said slow and non-payment of housing loans by some beneficiaries affect the programme.
Bonno Housing Scheme currently has a cumulative total of 1,549 beneficiaries, with 1,488 active loans. As of March 2026, only 63 loans had been fully settled, amounting to P1.8 million.
Since its inception, the scheme has financed 1,549 beneficiaries at a cumulative cost of more than P55.7 million.
Despite the investment made through the programme, the council continues to experience difficulties collecting repayments from some beneficiaries, with others either paying irregularly or failing to service their loans altogether.
The council fears that continued non-payment could affect the ability of the scheme to assist future applicants, as the programme relies on repayments from existing beneficiaries to fund new housing projects.
In an effort to improve compliance, council officials launched a house-to-house campaign aimed at educating beneficiaries on the importance of honouring their repayment obligations.
The campaign sought to remind beneficiaries that the housing scheme operates as a revolving fund and that repayments are necessary to ensure that more residents can access assistance.
According to Kgosithebe, the exercise reached 505 beneficiaries and is expected to continue, subject to the availability of resources.
