Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
"Opportunity is about more than just money, it's about a better future for people and their communities everywhere on the African continent.

Enterprise

Slum programme gets Sh25mn grant from Coca-Cola Foundation

“Opportunity is about more than just money, it’s about a better future for people and their communities everywhere,” said Susan Maingi, Public Affairs & Communications Director, CCBA/Courtesy.

NAIROBI, Kenya, Dec 13 – Kibera and Mathare residents are set to benefit from a Sh25 million grant given to Shining Hope for Communities (SHOFCO) from The Coca-Cola Foundation.

The grant will go towards improving lives of communities in Kibera and Mathare through supporting women economic empowerment and sustainable livelihoods.

SHOFCO will partner with The Coca-Cola Foundation to create economic empowerment opportunities for 2,500 women living in the slums of Kenya (Kibera and Mathare). The project will provide income-generating opportunities in PET bottle collection coupled entrepreneurship and employment training to help them leverage income from bottle collection into a more sustainable livelihood.

The impact is amplified by economically empowering marginalized women as well as through community cleanup and PET collection for recycling. CCBA aims to support initiatives and programs in communities in which it operates.

“Around the world, women face structural barriers to the labour market. To contribute to resolving this challenge, the Coca-Cola system set up its 5by20 programme,” said Susan Maingi, Public Affairs and Communications Director, Coca-Cola Beverages Africa (CCBA) in Kenya.

Since 2011, the System has been working towards the goal of integrating five million women into its value chain globally by 2020. Through this economic empowerment initiatives, we have to date provided entrepreneurship and training opportunities for over 700,000 women in Kenya since 2011.

“Our aim is to create greater shared opportunity for the business and the communities we serve across the value-chain. We believe in doing business the right way by following our values and working towards solutions that benefit us all,” explained Maingi.

“Opportunity is about more than just money, it’s about a better future for people and their communities everywhere on the African continent. When we grow our business the right way, not just the easy way, we help create opportunity for our communities, our customers, our employees and our shareholders,” she added.

Kennedy Odede, CEO and Founder of SHOFCO said the organisation provides slum communities with the tools to create a future for themselves and resources to further economic opportunity and advance human rights thus creating space for individuals to pave personal paths out of poverty.

“The organization combats extreme poverty and gender inequality by linking schools for girls to a set of high-value, holistic community services for the urban poor. Through this strategy, they create transformative change across the informal settlements of Nairobi,” said Odede.

Advertisement. Scroll to continue reading.

The Coca-Cola Foundation is the global philanthropic arm of The Coca-Cola Company. Since its inception in 1984, TCCF has awarded more than $900 million in grants to support sustainable community initiatives around the world.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...