Today the KCB Foundation launched its youth empowerment program dubbed 2Jiajiri, a program that seeks to empower budding entrepreneurs to scale and upscale their business ventures.
This comes at a time when the government has pushed for youths to embrace self employment and business creation as a means to achieve economic sustainability.
Entrepreneurs mainly face the challenge of access to financing and hands on skills.
The KCB Foundation will focus on 5 pillars: Health, Education, Enterprise Development, Human Aid and Agriculture
KCB has set aside Ksh 10 billion every year for the next 5 years to create at least 2.5 million direct and indirect jobs.
The program includes a 12 month incubation period where entrepreneurs will have access to incubation and mentor-ship resources.
Entrepreneurs will enjoy discounted financing to support business growth.
Participating entrepreneurs will get connected to mentors, financial advisors and investors.
70% of the beneficiaries will be from the “Jua Kali” artisans.
2000 beneficiaries have already been recruited in the pilot phase.
KCB Business Challenge
In addition ,the bank has also launched the KCB Business Challenge that will run for 60 days from Thursday 10th March 2016 to Sunday 8th May 2016. This challenge is open to KCB account holders between the ages of 18-34 years.
To participate in the challenge, go to www.bankika.co.ke to open a KCB online account.
Fill your details in the online form provided then submit it.
Once submitted, you will receive your account number and mobile banking details via sms.