KIAMBU YOUTH, WOMEN BENEFIT FROM 30 M BIASHARA FUND

Kiambu Governor William Kabogo over the weekend disbursed the second tranche of the Kiambu Biashara Fund to youth, women and people living with disability. In an exercise held at the county headquarters, over 100 beneficiaries received cheques worth Ksh.30 million after months of vetting of the more than 30,000 applicants.

The governor urged the beneficiaries to channel  the money into income generating ventures adding that such funds would go a long way in alleviating poverty in the region. Kabogo showered praises to the beneficiaries of the first batch for faithfully repaying their loans.

The loan has a grace period of four months.

The  governor added that the county had put in place more programmes meant to empower the marginalised groups such as training youth entrepreneurs. He asked youth to take advantage of the numerous oppotunities that were presenting themselves in the county such as the affirmative tendering programme for youth, women and persons living with disabilities.

“My government has set aside 30% of its tenders to marginalized groups and the youth have no reason to complain over lack of jobs,” he said.

 On his part, Kiambu Youth Affairs Executive Mr. Machel Waikenda congratulated those who are already repaying the first loan.

“We almost have 100% repayment to the people who got the money first. This is very encouraging and we appeal to those who got the money today to do likewise,” he said.