Uwezo fund to be rolled out by end of the month
15 April 2014, 11:22
Nairobi - The government’s KES 6 billion Uwezo fund flagship project is set to be rolled out in all the 47 counties by the end of this month.
The fund, targeting social welfare projects meant to benefit the youth, women and persons with disabilities, will be run by the Constituency Uwezo Fund Management Committees (CUFMC) who are undergoing two-day training programme in Nairobi on its proper management ahead of the official launch.
Planning and Devolution Principal Secretary Eng. Peter Mangiti said the fund will help tackle looming unemployment adding that the government is keen to empower the target group to become self-reliant.
“The fund will be a support mechanism for women in business as well as the youth who comprise the biggest size of the population for them to employ themselves as well as others,” said Mangiti.
Mangiti assured that the government will support the CUFMC members who are also the Fund Account Managers of the Constituency Development Fund (CDF) of the 47 counties to ensure that the project is successful.
Uwezo Fund Oversight Board Chairperson, Wanjiru Gathira said the fund provides an alternative framework for funding community-driven development projects in addition to generating gainful self-employment.
“The fund will expand access to finances by promoting enterprises owned by youth, women and persons with disabilities,” stated Gathira.
She noted that eligible applicants to apply for the fund are required to be in a group of not less than 14 people, or an institution and meet the requirements set out in the Uwezo Fund Regulations in the Public Finance and Management Act.
The fund was among the campaign promises by Jubilee government in last year’s March 4, 2013 election where the coalition’s top aspirants promised allocate KES 6 billion meant for a run-off to benefit the youth, women and the disabled if they won the elections in the first round.
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