Babayao Launches Kshs. 200M Jijenge Fund
Автор: Kiambu County Government
Загружено: 2019-04-09
Просмотров: 107
Описание:
Kiambu Governor H.E. Waititu BabaYao, through the department of Youth Affairs, Sports, ICT & Communication has launched a Kshs. 200 million kitty dubbed “Kiambu County Jijenge Fund”.
The Fund is intended to provide zero interest financing for assets, business startups, ideas and innovations including small and medium enterprises (SMEs) to the Youth, Women, Men and PWDs.
For the first time ever, the County Government of Kiambu is now financing tenders and LPOs awarded to the Youth and Women by both the County Government of Kiambu and the National Government as a way of empowering them to do business with governments without middlemen or the so-called financiers that end up exploiting them.
Governor Babayao has directed that the fund be distributed equitably across all wards. Additionally, the Fund will also be utilized to train the youth on business and enterprise management.
The Governor has further urged all those with existing county loans under the previously established ‘Biashara Fund’ to visit the Department of Youth Affairs, Sports, ICT & Communication in order to discuss and agree on a repayment plan or otherwise.
Note: ONLY Kiambu residents are eligible for a loan from the Jijenge Fund
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