African Press Association

Kenya youth ready for entrepreneurship

From MARIA MACHARIA in Nairobi, Kenya
NAIROBI, (CAJ News) – MORE than 200 youth from western Kenya have received training on enterprise development, setting them up for opportunities in entrepreneurship.
The training is courtesy of the Kenya Commercial Bank (KCB) Foundation, the social investment arm of the KCB Group under its flagship 2Jiajiri programme.
As part of its commitment to supporting the beneficiaries in stage two of the programme, the foundation on Tuesday issued a cheque valued at KSh5,2 million to 34 of the 272 beneficiaries from the Western Region, who completed their business plans and jumped the handles of due diligence.
The 34 serve as an inspiration to the others to hasten their speed in completing their business plans for funding.
“We are focused on supporting entrepreneurs and holding their hands through the journey as a way of driving entrepreneurship and economic empowerment in the country,” said KCB Foundation Executive Director, Jane Mwangi.
She said financing was targeted to increase their incomes which will immediately impact their respective households.
“We will support them in growing their fishing activities through purchase of value chain items such as fishing nets, motor boats, engine, and fish feed among others,” she said during the handover at the Jaramogi Oginga Odinga University of Science and Technology in Bondo.
Last year, the KCB Foundation trained 464 beneficiaries from the Western Region with a focus on Fish Farming in order to capitalize on the opportunities within the ‘Blue Economy’ in this region.

CAJ News