Enwealth Financial Services awards Ksh.2 million in scholarships to 40 Students

Enwealth Financial Services has awarded scholarships worth Ksh.2 million to 40 bright and needy students for their secondary school education.

Through its Corporate Social Investment arm, Enwealth Foundation, the company will provide up to Ksh.50,000 annually to each student in 2025.

This initiative is part of the Enwealth Foundation's broader effort to support education and empower young people. Over the past 13 years, the foundation has funded the education of more than 400 students, many of whom have gone on to universities and are now contributing to Kenya’s workforce. Since its inception, the foundation has disbursed over Ksh.60 million to help students overcome financial barriers to education.

Ken Monyoncho, Director at Enwealth Financial Services, highlighted the importance of education in building a secure financial future.

"By supporting bright but needy students, we are investing in the next generation of leaders who will drive economic growth and community development," he said at the award ceremony.

The scholarship program is one of several initiatives under Enwealth Foundation. Other focus areas include:

Housing: Providing dignified housing for vulnerable community members by constructing new homes and renovating existing ones.

Healthcare: Funding healthcare for the elderly and addressing their medical needs.

Missions and Outreach: Supporting evangelism ministries in line with the company's Christian values, fostering community development through compassion and faith.