Chiteme said the money is a revolving fund meant to empower women and allow them to support their families.
He said that the empowerment fund is a start-up capital for the women groups to invest in various business activities.
Meanwhile, Chiteme has also disclosed that he is in the process of procuring cars to be used as taxis for the youth as an empowerment strategy.
He has appealed to all the beneficiaries to pay back and allow others benefit from the empowerment initiatives.
Chiteme was speaking when he addressed Party officials at Buchi Hall in Kitwe.