UWEZO FUND
Applicants shall qualify for Fund loan application if:
(a) For a group
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Is registered with the department of social services, Cooperatives or the Registrar of Societies
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Has members aged between 18 and 35 years whereas thewomen’s groups shall be made up of women agedeighteen years and above
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Is based and operational at the constituency it seeks tomake an application for consideration
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Operates a table banking structure or any other group fundstructure where members make monthly contributionsaccording to the groups’ internal guidelines (evidence ofmonthly contributions shall be a requirement);
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Hold a bank account in the name of the group.
(b) For an institution
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Is a registered entity
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Has listed youth and women groups within it.
Eligible Amount:
(a) For administration of the Fund:-
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The access by eligible groups of the Fund, shall be on a firstcome first served basis, subject to assessment andapproval of the loan, provided that the Committee shallensure equitable distribution of funds in the wards
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Eligible qualifying amounts for a group shall be a minimumof fifty thousand 50,000) and a maximum of five hundredthousand (500,000) shillings at any one time.
(b) In determining the total amount a group is eligible, the following criteria shall be applied:-
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The length of time the group has been in existence
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The total amount contributed by the group
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The current status of contribution and
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The proposed business plan for the loan applied
Note: The eligible amount shall be three times the group savings BUT it shall not be:-
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Below Kshs. 50,000 (Minimum),
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More than the amount applied for in the application form and
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More than Kshs. 500,000 (Maximum)
To request more information:
Contact Kaiti CDF Office
Mon-Fri 8am - 5pm
P.O.Box 1- Okia, Makueni
Phone: 0720792224
Mobile: 0721582215
Email: info@kaiticdf.co.ke
You can also request more information with this form: