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Youth Enterprise Fund awash with cash but no willing takers

The Youth Enterprise Development Fund firm has stepped up training and awareness campaigns to increase loan uptake by young entrepreneurs. [Photo: file, Standard]

The Government plans to speed up processing of loans under the Youth Enterprise Development Fund (YEDF) as uptake remains well below target.

Data shows the fund, started 11 years ago to offer loans to small-scale businesses, has lent out only Sh11 billion to one million youth across the 47 counties.

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