NGAAF Partnership With Banks to Promote Women Economic Empowerment

NGAAF Partnership With Banks to Promote Women Economic Empowerment

NGAAF Partnership With Banks to Promote Women Economic Empowerment

Principal Secretary for Gender, Prof. Collette Suda on Friday, 26th February, 2021, presided over the signing of a Memorandum of Understanding (MOU) between the National Government Affirmative Action Fund (NGAAF) Board with Equity Bank Ltd, Cooperative Bank Ltd and GROOTS Kenya Association. The event was held at the Kenya Institute of Curriculum Development (KICD) Nairobi.

The MOU creates a partnership aimed at economically empowering women through capacity building. It will enhance for NGAAF funded women groups and SACCOs in business development and entrepreneurship skills. The programme will be piloted in the five counties of Nairobi, Machakos, Kiambu, Makueni and Kajiado.

In her remarks, Prof. Suda challenged women to use the skills they will gain to increase productivity and grow their businesses, while leveraging on the opportunities provided through the partnership.

“This partnership has put in place the structures, policies and frameworks that facilitate economic empowerment of women,” she added.

NGAAF Chairperson, Prof. Wanjiku Kabira on her part lauded the partnership and asked women to venture into larger business opportunities. She noted that women led enterprises are faced with financial challenges and assured that the partnership will provide wider opportunities for women groups to expand their businesses.

Among those present at the event were NGAAF CEO Titus Lotee, NGAAF Board of Directors, representatives from Equity Bank Ltd, Cooperative Bank Ltd, GROOTS Kenya Association, and NGAAF groups beneficiaries from Nairobi, Machakos, Kiambu, Makueni and Kajiado Counties.

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