Thirty four youths out of 272 being trained by KCB Foundation 2jiari programme in Western Kenya have received KES 5.2 Million from the foundation for support.
The 34 beneficiaries who hail from Siaya, Busia and Kisumu Counties, are in their second stage and have completed their Business Plans.
They have also qualified to receive zero-rated loans to support the establishment and growth of their own businesses mainly in the fishing industry through purchase of value chain items such as fishing nets, motor boats, engine, and fish feeds.
The funding comes a fortnight after the foundation issued another cheque worth KES10 Million to 500 youths in Bungoma who are into Soya beans and sunflower farming.
Having successfully acquired the technical skill, the youths, are enrolled to the stage two of 2Jiajiri for Business Development Services (BDS) to enable them set up their own businesses and effectively employ themselves and another 5 youths.
BDS support teams are constituted from fresh graduates from leading local universities to offer legal, marketing and financial management services.
Beneficiaries of the training are given entrepreneurship support where they will continue receiving consultancy for their businesses.
“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.
The 272 youths being trained on enterprise development, are being prepared for opportunities under 2Jiajiri programme.