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Kimilili MP tips women, youth on funds

07 April 2014, 23:15

Bungoma County - Youth and women who will benefit from Uwezo Fund in Bungoma County have been asked to consider investing money from the kitty in agri-business, as the sector has instant returns and the products have ready market.

Kimilili MP Suleiman Murunga said investment in viable agriculture ventures in the region like chicken rearing or dairy farming, by groups that will receive Uwezo Fund, will go a long way in improving their standards of living.

"Chicken and their products especially in Western Kenya have a readily available market throughout the year.  The same is true for milk and even the prices for the commodity are currently very good for dairy farmers in the country. If women and youth groups that will get funds from the kitty invest in the sectors, they will most definitely change their economic fortunes without much effort," said Murunga.

"Demand for  chicken , eggs and milk is not  only available  locally but the products can be sold to  people in other nearby  counties like Kakamega,  Busia or even Trans-Nzoia if a glut of the products occurs in Bungoma,"added the legislator.

He encouraged more women and youth in his constituency to apply for the funds from the kitty without any fear that their property may be auctioned incase of a default, as it is the norm with bank loans.

"Uwezo Fund is not a like a bank loan, it's like free money given by the government with only very little   percent interest.   I want to dispel the erroneous belief that property of group members will be ceased and sold by the government.  That is why no personal documents title deeds or logbooks are required to get the funds, the registered groups is the only form of security,"said Murunga.

He made the remarks over the weekend during the unveiling of the Kimilili Constituency Uwezo Fund Committee, that will assist  in disbursing  the funds to women and youth groups in the area who have come up with their business plans.

Joseph Wanjala from Kamukuywa Ward was elected the chairman of the committee which has representatives from the four wards of Kimilili Sub-County.

Wanjala expressed his commitment to see to it that the funds are disbursed to deserving groups in the entire wards in the Constituencyand the money is put into sustainable development projects.

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