17 March 2014

Kenya: Rachel Launches Table Banking in Taita Taveta

Deputy President William Ruto's wife Rachel has asked women across the country to make use of Table Banking concept. The concept involves members saving and borrowing loans from their savings to enable them engage in business.

Addressing women groups at Mwatate in Taita Taveta county during the launch of Table Banking on Friday, Rachel stressed the need for women to unite and form groups to engage in agri-business, farming, poultry and other income generating activities.

She said it is through participating in income-generating ventures that women will be economically empowered to have an equal bargaining power with men.

"It has been my desire to engage myself in capacity building to help women in decision making to empower them economically through information. This would ensure they can make informed choices before embarking on any business venture," Rachel said. She said women in the country have shown great potential in business.

Rachel said it is through business that women can be empowered economically and be able to discharge big responsibilities in the society.

Present during the launch were Governor John Mruttu, Deputy Governor Mary Ndigha, Senator Mvita Mshenga of Kilifi County, Mwatate MP Andrew Mwadime, Voi MP Jones Mlolwa, Nominated MP Soni Birdi, former cabinet Minister Marsden Madoka and county commissioner James Mbaruga among others.

Mruttu said by opening credit facilities for women, the initiative will help them do business, save and provide basic needs for their families.

"The Table banking model seeks to empower people by providing an opportunity to start and grow income generating projects and to encourage savings for the betterment of themselves and their families," he said.

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