Family Group Foundation and the USAID Tumikia Mtoto Project have a Sh30 million partnership that aims to improve the employment, income, and livelihoods of vulnerable young women and adolescent girls. This partnership has benefited nearly 200 of these individuals so far.
Women between the ages of 18 and 24 have finished plumbing, electrical, and painting training as part of the initiative that aimed to give women practical and technical skills.
The Micro and Small Enterprises Authority’s (MSEA) Director for Infrastructure Development, Technology, and Innovation, Edward Karani emphasized the importance of technical and vocational skills in fostering prospects for self-employment.
Karani applauded Family Bank and USAID for working together with World Vision Kenya to improve the lives of these young ladies.
While 100 young women are being commissioned to join the following cohort, the project also offers links to the labor market to those who have finished the program.
According to research by the African Women’s Development Fund, the gender gap in financial inclusion costs African women an estimated USD 42 billion annually. Family Bank CEO Rebecca Mbithi stated that the organization is committed to closing this gap.
“As a Bank, we are instrumental in accelerating sustainable investment themes, and the co-creation of this intervention is critical to us. We want to not only empower the young women but enable them to empower others as we drive financial inclusion and sustainability. Through these skill sets, we are enabling these young women to set up businesses and build strong entrepreneurial skills,” Rebecca Mbithi.