Uwezo Fund beneficiaries fail to repay Sh800 million

Public Service CS Sicily Kariuki (left) hands over Sh18M Uwezo Fund cheque to Nakuru women at Nakuru's Nyayo garden on 02-03-2016, Kariuki called upon women from the county to use the fund with constructive and development programmes which will raise their affairs [PHOTO:BONIFACE THUKU/Standard]

Beneficiaries of a revolving fund set up to empower the youth have defaulted in repaying loans totalling Sh800 million. This is about half of the amount due for repayment and at least 18 per cent of the funds loaned to the youth under Uwezo Fund.

Records from the Ministry of Public Service, Youth and Gender Affairs show that as at June 30, 58,549 groups across 290 constituencies owed the Government up to Sh1.8 billion in mature loans.