Public Service, Youth and Gender Affairs Cabinet Secretary Prof. Margaret Kobia has reiterated the government’s commitment in empowering the youth to be drivers of the economy and has called on Youth and Women who have benefitted from the affirmative funds to encourage others to also take up the loans so as to gain economic growth.
The CS who was speaking at the St Marys’ Catholic Church Gatimbi, Imenti Central of Meru County when she disbursed cheques worth 22 million to various youth and women group noted that the uptake of affirmative funds was slow due to the fear among youth and women of repaying the loans issued.
The CS noted that the funds are meant to help them grow economically and not be a burden to them. She urged those applying for the funds to use the money for the intended purpose and repay in time so that others can borrow.
“Government has set aside money to support youth and women economic development through the affirmative funds. I urge women and youth to take up the loans, do business and gain financial independence.” CS Kobia said.
Prof. Kobia further appealed to the leaders and resident to join hands and work together for socio-economic and political development, across the County.
Since the inception, Meru County has received KES. 480 Million from Women Enterprise Fund that has benefitted 53,582 women. Youth Enterprise Development Fund has issued KES. 53.8 Million while UWEZO Fund has issued KES. 64.8 Million.