Skills & Enterprise Development (SED)
Increasing income and creating employment
At a glance
Facts
Region: Western, Coast, Central Kenya
Period: 2018 - 2022
Donors: atDta Foundation, Christian Martin Foundation, Mariano Foundation, Tarom Foundation, associations and individuals
Context
Deepening income inequality and entrenched regional disparities hinder inclusive economic growth. Youth unemployment rate in Kenya avrages at 35%. Poor women and youth lack skills and access to capital and markets to grow a business and create jobs.
Project aim
Violence-affected and low-skilled women and young people are enabled to grow their existing small businesses, raise their income, build a livelihood for themselves and their families, and create employment opportunities for others.
Strategy
The project provides women and young people with the business skills, networks, capital and self-confidence they need to run sustainable, income-earning businesses.
Achievements in 2017
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262 women and youth attended trainings and coaching sessions at which they learned about business and financial management, marketing, and communication.
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38 small enterprises, farms and production sites received loans for business expansion.
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95% business loan repayment rate.
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32 stable new full-time jobs were created.
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85% of women report more effective financial management within business and at home.
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Women business owners and employees report increased joint financial decision-making at household level.
Project partners and supporters
Tarom Foundation; Christian Martin Stiftung; Mariano Foundation; Frauenverein Vaduz; Tellerrand -Verein für solidarisches Handeln; Private SpenderInnen
Project donation
Donation accounts
Donation Account, Kenya
Account Name: Pamoja for Transformation Trust
Bank: Cooperative Bank of Kenya
Account number: 01128635261807
BANK address: P.O Box 4260-00100 Nairobi
Branch: Greenhouse mall
Branch Code: 153
SWIFT CODE: KCOOKENA
Donation Account, Liechtenstein
Account name: Pamoja for Transformation e.V.
Bank: Liechtensteinische Landesbank AG, Vaduz, Liechtenstein
Account number.: 5475.6939.2001
IBAN: LI52 0880 0547 5693 9200 1
BIC: LILALI2XXXX
Remark: "Skills & Enterprise Development Project"