List Of Uwezo Fund Loan Products In Kenya

This is a list of Uwezo Fund loan products in Kenya. Uwezo Fund is a vision 2030 flagship programme aimed at enabling women, youth and persons with disability to access finances to promote businesses and enterprises at the constituency level.

Uwezo Fund was established vide legal notice No 21 of 21st February 2014, Public Finance Management (Uwezo Fund) Regulations, 2014.

Here is a list of Uwezo Fund loan products.

1. Wezesha Loan For First Time Borrowers

Wezesha is a constituency-based loan intended to finance first-time borrowers projects and enterprises. The loan ranges between Kshs. 50,000 to Kshs. 100,000.

Eligibility

  • Group must be registered with the relevant government body with a valid group registration certificate.
  • Group membership must be as guided by the registration entity.
  • Group membership must be at least for; Youth groups 70% youth (18-35 years) and leadership, 100% youth. Women groups 70% women and leadership 100% women. PWDs 70% PWDs and leadership, 100% PWDs.
  • The applicant group must apply for the loan from the constituency, be appraised and recommended for funding by the respective Constituency Uwezo Fund Management Committee (CUFMCs).

How To Apply

  • Fill in the Uwezo Fund loan application form available at the constituency offices countrywide.
  • Submit the completed form to the constituency office you intend to obtain the loan from.
  • Attach requisite attachments as indicated on the form.
  • Await notification of vetting and approval statuses by the Constituency Uwezo Fund Management Committee.

Repayment

  • The loan is repayable within a period of 12 months upon the expiry of a six months grace period.
  • Repayment shall be done in monthly instalments to the respective constituencies loan repayment accounts through direct deposits or paybill.
  • Group members shall sign a guarantee or undertaking to repay the loan.

2. Endeleza Loan For Repeat Borrowers

This is a loan product for repeat borrowers/subsequent funding, which is based on an incremental percentage of between 150 to 200% of the initial loan but not more than Kshs 500,000.

Eligibility

  • Completed repayment and demonstrated proper utilization of Wezesha loan.
  • Demonstrable evidence of potential for growth and employment creation.
  • Group must be registered with the relevant government body with a valid group registration certificate.
  • Group membership must be as guided by the registering entity.
  • Group membership must be atleast; For youth groups 70% youth (18-35 years) and leadership 100% youth. Women groups 70% women and leadership 100% women. PWDs 70% PWDs and leadership 100% PWDs.
  • The applicant group must apply from the constituency and be appraised and recommended by the respective CUFMCs.

How To Apply

  • Fill in the Uwezo Fund loan application available at the constituency offices countrywide.
  • Submit the completed form to the constituency office you intend to obtain the loan from.
  • Attach discharge certificate for initial loans completion.
  • Await notification of vetting and approval statuses by the Constituency Uwezo Fund Management Committee.

Repayment

  • The repayment of the loan commences after a 30 days grace period from the date of disbursement.
  • Repayment will be made in 12, 18 and 24 equal instalments proportionate to the amounts lent.
  • Repayments shall be done in monthly instalments to the respective constituencies loan repayment accounts through direct deposits or paybill.
  • Group members shall sign a guarantee/undertaking to repay the loan.

Uwezo Fund Contacts

Lonrho House, 16th Floor, Standard Street, Nairobi

General Line: 0776 154 204

Hotline: 0776 154 210

Complaints: 0776 154 210

Email: [email protected], [email protected], [email protected]

 

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