24 January 2013

Kenya: Youth Fund to Promote Poultry Farming

THE Youth Enterprise Development Fund has extended its financial support to buying assets for eligible entrepreneurs who run poultry businesses, according to a notice published yesterday.

The fund through an advertisement published in a national daily yesterday said it will buy egg hatching incubators for youth entrepreneurs running poultry-related ventures, with the cost of the equipment being repaid as a loan.

YEDF was established in 2006 to provide loans for business to youth-owned enterprises in order to address the problem of unemployment.

To benefit from the poultry business support programme, one is required to be between 18 and 34 years of age and raise at least five per cent of the hatchery cost.

Aside from buying the equipment, YEDF said it will also maintain it for three years on the part of spare parts.

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