The Micro and Small Enterprises Authority (MSEA) has called on Kericho residents to form and formalise business groups in order to benefit from various government programmes, notably the upcoming Kenya Jobs and Economic Transformation (KJET) project.
This five-year programme, funded by the World Bank (2024-2029), is designed to enhance private sector investments, improve access to markets, and provide sustainable finance, with the ultimate goal of creating and improving jobs.
Speaking during a sensitisation forum in Momul village, Belgut Sub County, Acting Senior Enterprise Development Officer Michelle Aburilli pointed out that the project that will soon be rolled out will target to create and improve the productivity of select MSME clusters based on priority value chains envisioned under the Bottom-Up Economic Transformation Agenda. "Kenya Jobs and Economic Transformation (KJET), financed by the World Bank, does not discriminate based on age.
In this project, we shall be financing those that are in the group.