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| Fund Objectives |
| FUND DISTRIBUTION CRITERIA |
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Fund Distribution Criteria
To ensure equity in the distribution the Fund, the following criteria has been initially used:
1. the first half of the Fund (Ksh. 345 million) has been divided equally to all districts
2. the second half of the Fund (Ksh. 345 million) has been divided as a factor of the population of young people in each district
The proposed disbursement criteria entail the following:
1. Deliberate targeting of areas not sufficiently served by Financial Intermediaries
2. Priority focus on funding geographical areas based on economic potentials
3. Emphasize funding of economic sectors with high potential for youth employment
Fund Disbursement Level
Minimum conditions for accessing the Fund1. One must fall in the age bracket of 18 to 35 years and Kenyan.
2. One must have the intention of investing the Fund in a business venture.
3. The Fund is a loan and must therefore be repaid.
4. Any form of legally registered organization or firm operating in Kenya