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Youth Enterprise Development Fund (YEDF) has issued cheques worth Kshs.1.5million to youth owned enterprises in Westlands Constituency in Nairobi County. The loans were given to successful youth groups applicants in the area to enable them start and expand their enterprises.
This was during the launch of Miradi Mtaani Project held on 16th September 2016 in Karura Ward in Westland Constituency. The project is an initiative started by the area Member of Parliament, Hon. Timothy Wanyonyi, to support the youth start income generating projects. The MP donated business equipment to the youth from the ward ranging from motorbikes, copier machines, printers, carwash machine, seats, Public Address Systems among others.
While presenting the donations, Hon. Wanyonyi challenged the beneficiaries of the Youth Fund to properly manage their projects, create more job and generate more income.
This money is set aside for the youth, its high time youth in this constituency utilize these funds for development. I will ensure we partner with the Youth Fund so that my youth can benefit from this affordable and easy to access funds.
He further advised members to discipline any act that may jeopardize the growth of projects. He added that cooperation between Youth Fund and his office will see increased awareness and uptake of loan products by youth from the area. The Fund’s Nairobi Regional Coordinator, Jorum Murimi, encouraged young people to register their entities to enable them access the funds to start or expand their projects.
The funds are available for the youth, all we need is the youth to come up with enterprises and register them, make their business formal to be able to benefit from the Affirmative Funds” he said.