General

What is Uwezo Fund in Kenya?

What is Uwezo Fund in Kenya?

The Uwezo Fund which provides youth and women access to grants and interest-free loans, as well as mentorship opportunities. The Fund seeks to expand access to finances and promote women, youth and persons living with disability led enterprises at the constituency level.

How do I apply for uwezo as an individual?

HOW TO APPLY. Fill in the Uwezo Fund Loan application form available HERE as well as from the constituency offices countrywide. Submit the completed form to the constituency office you intend to obtain the loan from. Attach requisite attachments as indicated on the form.

How can I access my youth fund in Kenya?

Are you looking for youth fund application 2022?…Youth fund loan requirements

  1. The group must have a valid registration certificate from the relevant government body.
  2. Group membership must not be less than 5.
  3. Group Membership must be at least 70% youth (18-34 years), and leadership, 100% youth.

When did Uwezo Fund start?

8th September 2013
The Fund was established vide Legal Notice No. 21 of 21st February, 2014 – Public Finance Management (Uwezo Fund) Regulations, 2014 and was launched by His Excellency the President of the Republic of Kenya on 8th September 2013.

What is Wezesha loan?

Wezesha Loan Mwalimu National enables YOU (new member) to access funds within your ability immediately your first savings deduction goes through. ONLY 1/4 of the amount applied will be retained in the new members account as savings. The loan must be fully guaranteed.

How can I apply for uwezo fund?

Apply In-Person[edit]

  1. Step 1: Ensure that you meet the eligibility criteria.
  2. Step 2: Make the Application.
  3. Step 3: Submission of Application Form.
  4. Step 4: Await Notification from the Committee.
  5. Uwezo Fund Head Office. Lonrho House, 16th Floor, Standard St. P. O. Box 42009 – 00100, Nairobi.
  6. Kenya – Apply For Uwezo Fund.

How do I apply for youth Investment?

Application Procedures

  1. Step 1: Get Trained. Applicants to attend a compulsory entrepreneurship training with an approved Federal Ministry of Youth & Sports Development (FMYSD) EDIs.
  2. Step 2: Apply For Loan.
  3. Step 3: Submit an Application.
  4. Step 4: Approval.
  5. Step 5: Disbursement.

How do I apply for Youth Development Fund?

Download the application form and submit it, with all required documentation to [email protected]. Closing date for the 1st application window period: 20 December 2021.

Is NYIF registration still ongoing?

If yes then we have good news for you! The NYIF Loan Application Portal Is Reopen Again. The NYIF Loan Portal 2022 is currently open for online applications. You can register and apply for a NYIF loan 2022 through the official Nigerian Youth Investment Fund portal and get a NYIF loan approval immediately.

Is NYIF loan still on?

NYIF loan is a government-initiated program to help alleviate poverty and assist young Nigerian enterprises by giving them loans of different amounts. The program has been going on since 2020 and registration is still ongoing.

What kind of businesses does NYDA fund?

The grant programme aims to benefit a total of 500 South African youth-owned enterprises with financing and give thousands of more access to non-financial business support services. Financial support starts from R1000 and goes up to R100 000.

What is youth development fund?

The National Assembly ad- opted a resolution on February 4, 2013 to start the Youth Development Fund as a means to curb the problem of youth un-employment in the country and empower the young population to create their own employment opportunities.

Can one join two Saccos in Kenya?

Yes. As long as the said member shall belong to no more than one Sacco Society having similar objectives as mentioned above.

Is NYIF a loan or grant?

The NYIF is a loan, and there are processes for this. The grants are in phases, depending on the scale of one’s business or enterprise. Over 3.9 million youths applied for the grant, but not everyone qualified, and among those that are qualified, not every one of them would get N3m.

Is NYIF portal open?

The Nigeria Youth Investment Fund Portal is now open and everyone who is interested is free to apply online via NYIF portal.

How do you check if you are qualified for NYIF?

The official portal for checking NYIF Shortlist is www.nyif.nmfb.com.ng and all candidates who applied for the programme should check the list online. So if you are intending to check your names on the shortlist of the NYIF, then you should be able to do so after reading this article.