Safaricom Foundation’s Sh20m fund for the unbanked creates overnight rural entrepreneurs

Safaricom Foundation Chairman Joseph Ogutu handing over a gift to Hellen Akumu,the treasurer of Kangeso Self Help Group in Rongo Constituency,Homa Bay County on 19th August 2016 during the official visit to Safaricom Foundation sponsored projects in conjunction with Hand in Hand Eastern Africa. [PHOTO:JAMES WANZALA/STANDARD]

The Safaricom Foundation (SF) has been giving grants to various social sectors the last 13 years.

In July last year, however, the foundation decided to target the unbanked, who are mostly in rural areas and lack access to credit from banks.