Home ECONOMY KCB Sends 240 Students to High Schools in KShs 78M Scholarship Plan

KCB Sends 240 Students to High Schools in KShs 78M Scholarship Plan

by biasharadigest

Two hundred and forty bright but needy students have reported to various schools around the country thanks to financial support from KCB Foundation.

The Foundation has been supporting needy students in their next level of education for a couple of years now and this year 240 students were lucky to get support from it. The social investment arm of KCB Group plc has set aside

The 240 secondary school students being supported by the KCB Foundation this year have reported to various schools across the country. KShs.78 million in scholarships for the bright but needy students who sat for the 2019 Kenya Certificate of Primary Education (KCPE) examinations.

The scholarship will cater for full school fees, stationery and uniform for the students throughout their four years of studies.

Additionally, the students will also be assigned to a mentor from their local branches for quarterly one-on-one mentorship sessions as they undertake their studies.

Under the programme, 40 slots have been reserved for students with physical, visual and hearing disabilities.

KCB Foundation Managing Director, Jane Mwangi, said the Foundation seeks to directly help the kids throughout their secondary school education and see to it that they keep up the good performance.

“We directly want to help boost transition rates between primary and secondary school by giving these kids an opportunity to study. Part of our scholarship also includes a series of life skills training sessions aimed at equipping beneficiaries of the programme with relevant market place skills and to prepare them to take charge of their livelihoods,” Mwangi noted.

This year’s beneficiaries will bring to 2,139 students who have so far benefited from the KCB scholarships since 2007. The programme has been marked by a completion rate of 99% from year to year.

KCB Foundation’s Tujiajiri Program

Apart from the school fees sponsorship, KCB Foundation has another program to help the unemployed youth in the country create their own employment opportunities. The program seeks to help identify and finance business opportunities for unemployed youth.

The Foundation recently secured Ksh 10 billion ($100 million) funding from the MasterCard Foundation for scaling up its flagship 2jiajiri programme that seeks to empower youth entrepreneurs for job creation.

The Tujiajiri program is existent mainly to help curb the rate of unemployment in the country and has created opportunities to over 100,000 young individuals since its inception.

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