Uwezo Fund aims to nudge Kenyan youth towards entrepreneurship and self-employment
In September this year the Kenyan government launched the Uwezo Fund, a 6 billion Ksh. cash reserve (approximately $70 million) aimed at channeling financial resources into the hands of youth and women. Money for the fund was obtained from capital set aside by the Jubilee Coalition during this year's election campaign, for use in the case of a run-off. The Jubilee Coalition, led by Uhuru Kenyatta and his deputy Samuel Ruto, pledged that any money that was not spent on the campaign would be channeled into a fund of this sort. Six months after winning the election, they stood by their commitment and announced that the application process for accessing interest-free loans was now open to registered youth and women's groups. Read more or join the discussion.







