RAPID RESULTS INITIATIVE

Our 100 Days Rapid Results Initiative Strategy

 

#DELIVERABLESACTION POINTS
1 Reduce loan processing period from two months to two weeks
  • Inspect application forms against checklist at point of receipt to avoid delays
  • Introduce service level agreements between departments involved in loan processing to guarantee timelines
2 Reengineer existing products and introduce impactful, demand driven products with focus on the value chain, in consultation with the clients
  • Involve customers in the review of existing and design of new loan products to ensure relevance
  • Develop demand driven products which have demonstrable impact
  • Develop products along regional and sector needs to ensure impact
  • Remove interest from loans and use only flexible collateral where repayment seems uncertain
3 Increase loan uptake from Kshs. 20 million to Kshs. 60 million per month
  • Enhance sensitization at grassroots
  • Encourage those who have completed their first loan to apply for the second enhanced loan
  • Reduce turnaround time to encourage applications
4 Recover Kshs. 300 Million from beneficiaries and financial intermediaries
  • Strict supervision of regional staff on follow ups, loan monitoring and evaluation with a monthly reporting and review meeting for feedback
  • Intensify pre-disbursement training to enhance sustainability of youth enterprises
  • Rehabilitate 100 failed enterprises and put beneficiaries back to business
  • List defaulting financial intermediaries with CRB
  • Take legal action action on defaulting financial intermediaries
5 Facilitate 1000 youth to take employment opportunities abroad
  • Partner with agencies accredited by the Ministry of Labour to source jobs abroad
  • Provide pre-departure training and migration loans to successful applicants
6 Support 50000 young entrepreneurs access new and existing business opportunities
  • Issue signed tenancy agreements to 70 youth in the Nakuru market stalls project
  • Sensitize 2,000 youths on AGPO, jobs abroad, product coding
  • Provide Mentorship and business advisory services for 2000 youths
  • Partner with government and private sector agencies to provide capacity building to 46,000 youth
7 Negotiate 10 supply contracts for youth enterprises
  • Negotiate with 10 private sector players to reserve contracts for youth owned enterprises
8 Strengthen communication and partnerships with key stakeholders of the YEDF
  • Hold stakeholder forums with youth, media, development partners, grassroots partners
  • Distribute quarterly reports to stakeholders, policy makers and other government officers
  • Intensify online communication with stakeholders
  • Create data base of success stories and provide platform of experience sharing
9 Revise service charter in consultation with customers
  • Collect data on customer service level expectations
  • Develop service level agreements that respect customer concerns
10 Implement job evaluation report to raise staff enthusiasm
  • Implement job evaluation recommendations to raise staff morale
  • Introduce modern performance management tools to appraise staff
  • Launch staff mentorship programmes
11 Automate processes
  • Develop and implement ERP
  • Automate processes to increase efficiency
  • Lay ground for providing services on mobile telephone platform
12 Develop and launch interactive website
  • Develop and launch interactive website to ease access to information
13 Run zero deficit budget
  • Run a balanced budget to avoid budget deficits
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