3 December 2012

Kenya: Busia Youth to Raise Sh0.6 Million for Savings

YOUTH in Busia have resovled to raise Sh600,000 annually to enable them set up a business, a Non-Governmental Organisation official has said.

The 25,000 youth who are undertaking various income-generating activities such brick-making, poultry, livestock and horticultural farming will each contribute Sh2,000 per month to enable them set up a savings and credit society.

The Sacco to be dubbed 'Busia Youth Bunge Sacco' will give soft loans to its members. Deputy project director of Winrock International Martin Wafula said all 902 registered Bunge Youth groups in Kenya are funded by his organisation.

He was speaking at a press conference at the Busia Agricultural Centre after he officially installed a management committee of Bunge Youth elected by the youth on Saturday.

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