Connect with us

Hi, what are you looking for?

The program aims to address and remove barriers that women may experience in creating economic opportunities/FILE


200,000 women to receive entrepreneurship training from WEF

The program aims to address and remove barriers that women may experience in creating economic opportunities/FILE

NAIROBI, Kenya, Feb 18 – At least 200,000 women across 47 counties in the country will receive entrepreneurship training and access to capital investment from the Women Enterprise Fund (WEF) this year.

This was announced by the organization’s Chief Executive Charles Mwirigi during the commissioning of 36 new trainers who will help meet the organization’s 2020 target.

According to Mwirigi, the newly commissioned trainers will be deployed across the country as a scale up to the current 290 trainers that will help the Fund achieve its set target.

The program aims to address and remove barriers that women may experience in creating economic opportunities. Participants receive business skills training, access to financial services and business club mentoring.

The training is part of a joint economic empowerment program between WEF and Coca-Cola Central, East and West Africa Ltd’s 5by20 initiative.

From Coca-Cola’s perspective, women form a central pillar of its sustainability agenda which is linked to their 5by20 effort to economically empower five million women globally by 2020. In Kenya, the partnership targets to empower one million women. The program is rooted in the two institutions’ shared interest in creating a conducive environment that enables women build sustainable businesses.

In 2019, 161,415 women benefitted from the training, bringing the total number of beneficiaries supported through this partnership that was established in 2014 to 718,550.

“Entrepreneurship training helps sustain businesses especially in the SME sector where 80 per cent of them do not survive beyond three years. It is our priority, therefore, to reduce this through capital and knowledge investment,” said WEF Head of SME Training Collins Okoth.

According to Homabay County Trainer, Jaspers Gadafi, the ongoing training of trainers’ workshop helps equip them with knowledge plus skills to help women make informed decisions besides realizing their self-worth.

During the one week training, the 36 trainers, the majority being youths under the age of 30 were equipped with techniques and methodologies for conducting an effective training particularly for adult learners, on the policy and structures of WEF, and a practical appreciation of the WEF manual which covers record-keeping skills, marketing and promotion of businesses, financial literacy, business plan development among other skills.

Advertisement. Scroll to continue reading.

“When you empower a woman you empower a nation, I believe this training will help me endow women from my county who heavily rely on agriculture to maximize their potential,” said Kericho County Trainer Tabitha Chepchirchir.

Since its inception, WEF has been able to train up to 1,319,660 million women to run successful businesses and disbursed in excess of Sh17 billion in loans to women-run enterprises.

Click to comment

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...

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...


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


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


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


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