Mombasa youth have been urged to apply for the Youth Enterprise Development Fund (YEDF) grant to access capital to set up business enterprises and curb unemployment.
Speaking at the Youth Fund Office in Mombasa, the Chairperson of the Youth Enterprise Development Fund Board and a youth empowerment advocate, Fatma Barayan, underscored the fact that the Fund (YEDF) has assisted various groups in Mombasa, who have benefitted from loans amounting to Sh17,588,750.
She gave a breakdown of the disbursements, stating that Jomvu Constituency has so far benefitted from Sh6,650,000, Kisauni has received Sh3,898,750, Nyali received loans worth Sh2.6 million, Likoni from Sh 2.5 million, Changamwe got Sh1.1 million, and groups in Mvita benefitted from Sh840,000. "I would like to highlight that the Youth Enterprise Development Fund (YEDF) has benefitted the youth of Mombasa.
The funds allocated to Mombasa County total Sh225,852,385 and have benefitted 10,425 young people," Barayan added.
