Email Us : info@kisumu.go.ke | Toll Free Number: 0800 720 575

County Government of Kisumu

  • Home
  • About Us
    • Kisumu County
    • Visit Kisumu
  • County Structure
    • County Executive Members
      • County Executive Members 2022 – 2027
    • County Assembly
    • City of Kisumu
    • Governance and Administration
    • Departments
  • Resources
    • Downloads
    • Public Service Board
    • Job Vacancies
    • International Trade Procedures
    • Speeches and Press Releases
    • County Newsletters
    • Quick Links
      • County-Pro
      • E-Citizen
      • County HelpDesk
    • Tenders
    • Gallery
      • Videos
      • Photos
    • Visit Kisumu
    • Projects
  • News
  • Contact Us
STAFFMAIL

Women, Youth and People with Disability to Access 24M In Revolving Fund

Friday, 25 June 2021 / Published in Education, ICT & HRD, Gender and Youth Affairs, News Item, Projects

Women, Youth and People with Disability to Access 24M In Revolving Fund

CEC member Mr. John Awiti during the official opening of the Kisumu County Women, Youth and People with disability Revolving fund training (Pictures By Matilda Atieno)

By Matilda Atieno

The County government has rolled out the capacity building for the beneficiaries of the Kisumu County women, youth and people living with disabilities revolving fund to enable access to microloans for small businesses.

Over 70 small businesses are set to benefit from the 24 million funds currently available to be shared among 13 groups in each of the 35 wards. The 7-day training under the theme ‘ empowering and transforming the vulnerable communities’, started with the Nyando sub-county and is set to be accomplished across the county with each day training set one sub-county.

The beneficiaries include registered groups of women, youth and people living with disabilities who are eligible for the fund after a thorough vetting process conducted by the sub-county fund committee.

The allotment of the revolving fund is set for launch by Governor Prof. Anyang’ Nyong’o in the coming weeks.

 The potential beneficiaries are encouraged to take advantage of the women, youth and people living with disabilities revolving fund as their terms are friendlier. According to the Public Finance Act, microloans are expected to attract an interest of 3% for the people living with disabilities and a 5% interest for women and youths.

The training was officially launched by the CEC member for Education ICT and Human Capacity Development, Mr. John Awiti, who stated that the fund offers access to financial relief for the community with limited or no access to loans from the formal financial institutions. “The fund must be fairly distributed to accommodate collective needs of the community,” said Mr. Awiti.

He also mentioned that training is a way to ensure the growth and sustainability of the fund. Mr. Awiti challenged the participants to ensure accountability of the loans as they are expected to pay back to qualify for additional loans from the fund.

The county fund committee chair Mr. George Owino also urged the beneficiaries from Nyando to ensure fair distribution of the fund across the sub-county.

Speaking to some of the potential beneficiaries during the training, Mrs. Esther, Akeyo of Got Akello Women group in Muhoroni, welcomed the move by the county government to revive the Women, Youth and People with disability revolving fund, adding that the fund will boost their development projects which will, in turn, improve their livelihood, sentiments which were echoed in all the 7 sub-county training.

The revolving fund is established under the public management Act of the county government of Kisumu and regulated by the county department of finance.

 The department of Women Youth and social services supported by Plan International and KEFEADO provided the training needs for the beneficiaries while the training was facilitated by Lakespan holdings limited.

The directorate is mandated by law to supervise and assist in the financial management of the fund and its beneficiaries through the committee members with the support of the gender and social officers.l officers.

Share this Post

Archives

  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020

Covid-19 Self Assessment App

Kisumu County Facebook Feeds

County Government of Kisumu

Kisumu County Twitter Feed

Tweets by KisumuCountyKE

Quick Links

  • Careers
  • Tenders
  • Projects
  • Staff Mails
  • County Assembly
  • E-Services
  • County Pro
  • E-Citizen

Quick Links

  • Careers
  • Tenders
  • Projects
  • Staff Mails
  • County Assembly
  • E-Services
  • County Pro
  • E-Citizen

County Government of Kisumu

We transform the livelihood of the people of Kisumu county on a foundation of integrity through accountable, efficient and effective leadership that invokes participation and pursuit of quality services, for a prosperous county that is a harbor of excellence

Get In Touch

Prosperity House (Former Nyanza Provincial Headquarters Building)
P.O. Box 2738-40100, Kisumu.
Email: info@kisumu.go.ke
Website: www.kisumu.go.ke

Quick Links

  • Job Vacancies
  • Downloads
  • Tenders
  • County Assembly
  • Staff Mail
  • County News
  • E-services
  • E-Citizen
  • County Pro
  • 100% Renewables Roadmap
  • County Helpdesk System

Kisumu County Twitter feed

Tweets by KisumuCountyKE

© 2022 All rights reserved. County Government of Kisumu.

TOP