All parliamentary appearances
Entries 241 to 250 of 313.
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11 Feb 2009 in National Assembly:
The others include:-
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11 Feb 2009 in National Assembly:
Emmanuel Consulting Services - Kshs3 million; Equity Bank - Kshs90 million; Family Bank - Kshs155 million; First Community Bank - Kshs10 million; K-Rep Bank - Kshs30 million; Kena Roscas Limited - Kshs1 million; Kenya Entrepreneurship Empowerment Foundation - Kshs4 million; Kenya Industrial Estates Limited - Kshs100 million; Kenya Women Finance Trust - Kshs200 million; K-Rep Development Agency - Kshs50 million; Kuria Teachers SACCO Society Limited - Kshs1,800,000; Lamu Teachers SACCO - Kshs2,450,000; Lokichoggio Multi-Purpose Co-operative - Kshs1,700,000; Marafiki SACCO Society Limited - Kshs2 million; Marsabit Teachers SACCO - Kshs1,500,000; Masaku Traders SACCO Society Limited - Kshs6 million; Necco Fosa - ...
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11 Feb 2009 in National Assembly:
(b) To ensure that the above mentioned institutions do not put money to other uses but only lend it to the youth, we have put in place control mechanisms as follows:-
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11 Feb 2009 in National Assembly:
1. The money is released to these financial intermediaries in tranches. Upon disbursement of a tranche, the financial intermediary forwards a report to the Ministry during which time verification of the authenticity of the report is carried out to satisfy ourselves in the Ministry that all due procedures have been followed before releasing the next tranche.
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11 Feb 2009 in National Assembly:
2. Regular meetings are held with the financial intermediaries to iron out any issues that may hinder the smooth disbursement of the said loans.
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11 Feb 2009 in National Assembly:
Mr. Temporary Deputy Speaker, Sir, out of the 31 financial
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11 Feb 2009 in National Assembly:
Mr. Temporary Deputy Speaker, Sir, this Fund is quite young. The Ministry is very determined to ensure that the youth of this country access these funds equitably. That is why we are saying that we are putting this money in some NGOs or teacher SACCOs in places where banks are not distributed because these banks are mostly in urban areas. We want to ensure that this money gets to the youth equitably. We have done an evaluation of the disbursement of this money and the intention is to make sure that it reaches the youth equitably.
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11 Feb 2009 in National Assembly:
Mr. Temporary Deputy Speaker, Sir, I believe the hon. Members know that this money is given in two modes of disbursement. There is the money that goes to the constituency that is the Constituency Youth Enterprise Fund and the other money goes to the financial intermediaries. We have a committee that sits at the constituency and analyses the proposals from the youth groups. We have a District Officer who chairs that particular committee and a Divisional Youth Officer whose job is to identify the groups and educate them on how to fill those forms. We also have youth representatives. When ...
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11 Feb 2009 in National Assembly:
Mr. Temporary Deputy Speaker, Sir, the money at the constituency level is for groups, as the hon. Member has pointed out. It is true that there are some young entrepreneurs with very original ideas.
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11 Feb 2009 in National Assembly:
Our advice, as a Ministry, is that those young people, whether they are individuals or small groups, should approach the financial intermediaries that will be able to help them get this money. That is why we are making every effort to make sure that this money, through the financial intermediaries, is moved to the rural areas as well.
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