KCB’s 2jiajiri skilling Elgeyo Marakwet youth
Small and Medium Enterprises (MSMES) from Elgeyo Marakwet County are set to access subsidized loans from KCB Bank thrpough a Kes30 million partnership between KCB Foundation and the devolved unit.
The deal seeks to accelerate wealth creation by skilling 500 youth and creating 2,000 jobs through the Bank’s enterprise development programmes – 2jiajiri and Mifugo ni Mali.
Through 2jiajiri, the youth will receive affordable capital, vocational and technical skills training and business development support.
Under Mifugo Ni Mali, area livestock farmers will receive training to address productivity, nutrition and husbandry challenges as well as financing to scale their market outreach through livestock value-chain interventions.
Speaking during the signing of the MoU, Elgeyo Marakwet County Governor Wisley Rotich said, “Our youth and SMEs will greatly benefit from this arrangement, with the long-term goal of elevating their respective proposition within their respective sectors,’’
On her part, Head of KCB Foundation Caroline Wanjeri, expressed her optimism on the success of the partnership given the experience from other engagements across the country.
KCB Foundation has partnered with 24 counties in youth skilling and MSME development efforts; targeting a total of 29 counties by the end of the exercise.
