Gov't allocates Ksh.28 billion in grants to support over 100,000 Micro and Small Enterprises

A total of Ksh.28 billion has been earmarked to provide grants to 101,500 businesses, aiming to facilitate their expansion and enhance their contributions to the economy.

Deputy President Prof. Kithure Kindiki disclosed that each of the 70 constituencies will benefit from this program, with 70 businesses per constituency receiving Ksh. 50,000 each. This initiative is part of the government's broader strategy to uplift individuals at the lower economic strata, fulfilling promises made during the campaign period.

The grant recipients encompass a diverse range of small-scale entrepreneurs, including salon operators, barbers, and carpenters. These sectors are seen as pivotal in providing employment and services at the grassroots level.

The announcement was made during a youth empowerment event in Naivasha, hosted by Nakuru Governor Susan Kihika. Deputy President Kindiki, accompanied by National Assembly Majority Leader Kimani Ichung'wa, emphasized the government's commitment to improving the livelihoods of the youth through job creation and economic empowerment.

In a show of support, the leaders collectively donated Ksh. 11 million to 5,000 youth groups in Naivasha Sub-County. President William Ruto contributed Ksh. 5 million, while Deputy President Kindiki, Governor Kihika, and Majority Leader Ichung'wa donated Ksh. 3 million, Ksh. 2 million, and Ksh. 1 million, respectively.

Governor Kihika also highlighted ongoing infrastructural developments, noting that the government is constructing three new markets in Naivasha Sub-County. In total, 17 markets have been budgeted for, with an additional six in the planning stages. These markets are designed to provide safer and more dignified trading spaces for vendors, complete with amenities such as ablution facilities, nursing stations, and Wi-Fi.