Wavinya Ndeti

All parliamentary appearances

Entries 131 to 140 of 226.

• 17 Feb 2011 in National Assembly: Mr. Speaker, Sir, could I lay it on the Table on Wednesday? view
• 17 Feb 2011 in National Assembly: Thank you Mr. Speaker, Sir. view
• 17 Feb 2011 in National Assembly: Mr. Speaker, Sir, I beg to reply. view
• 17 Feb 2011 in National Assembly: (a) The YEDF has disbursed a total of Kshs9.8 million to Tharaka. Out of that amount, Kshs2 million has has been disbursed through the Constituency Youth Enterprise Scheme (C-YES) and Kshs7.8 million has been disbursed through the financial institutions. view
• 17 Feb 2011 in National Assembly: (b) The YEDF has partnered with three financial intermediaries that are present in Tharaka. They are South Imenti Credit Company, Business Initiatives and Management Assistance Service (BIMAS) and Kenya Women Finance Trust. The following is a list of beneficiaries of the Fund in Tharaka:- In terms of groups, we have more than 40 of them and 76 individuals. I am willing to table the list. view
• 17 Feb 2011 in National Assembly: Mr. Speaker, Sir, money from YEDF is supposed to be given to the youth to enable them start their own businesses. We are trying to help the youth. So, I do not see how an institution would ask the youth to save money so that they can use the money that the Government has set aside for them. I assure the hon. Member, who mentioned the matter to me last week, that we are looking into it as a Ministry. I want to give him comfort that this time round, we have given out Kshs1.5 billion to constituencies and only ... view
• 17 Feb 2011 in National Assembly: Mr. Speaker, Sir, the banks are supposed to charge a minimal interest of about 8 per cent. The Fund gives loans to these intermediaries at 1 per cent interest rate. They use the 7 per cent difference to cover administration costs and mitigate losses that may arise from the clientele, which are perceived as a risk. The intermediary should shoulder 100 per cent risk of this component and can lead up to Kshs1 million. view
• 17 Feb 2011 in National Assembly: Mr. Speaker, Sir, I have said that we allocated Kshs1.5 billion to the constituencies and Kshs300 million to the intermediaries. We are facing some financial constraints, but we are working on getting more money for the youth. view
• 17 Feb 2011 in National Assembly: Mr. Speaker, Sir, we have already employed two youths from every constituency to work with the youth on the Youth Enterprise Development Fund. From the end of last year, we have been going around the country, county by county, with the Minister and the Assistant Minister, to sensitize the youth on the importance of the Youth Enterprise Development Fund. I can assure you we are on the ground and we are giving our employees motorbikes, so that they can access all the areas in their constituencies. view
• 17 Feb 2011 in National Assembly: Mr. Speaker, Sir, the Member of Parliament should be the patron. The Fund is under the District Youth Officers. If it is within a council, the Town Clerk runs the Fund. I am prepared to provide a list of the names of the members of the committees. view