2021 Mombasa County Consolidated Revolving Fund (Download form pdf)

2021 Mombasa County Consolidated Revolving Fund

Deadline: 25th January 2021

2021 Mombasa County Consolidated Revolving Fund (Download form pdf)

The Mombasa county consolidated revolving fund was established to fund youth enterprises access to finance to enhance youth entrepreneurship and employment creation in the county.

The fund wishes to invite applications  for interest free loans not exceeding ONE HUNDRED THOUSAND KENYA SHILLINGS from eligible youth-led organizations in Mombasa to finance Innovative business ideas. Over 1000 youth led organizations are targeted to benefit from the program.

ELIGIBILTY

Eligible youth led organizations should be –

  • Registered youth organizations (Partnerships, Youth Groups/Chamas, Saccos and Co-operatives.
  • Operating within Mombasa Counting
  • Made up of 5 to 10 Members, aged between 18 – 35 years.
  • 70% of membership should be below 35yrs (PWDs are encouraged to apply)

The fund invites applications from groups with ongoing enterprise seeking to expand their business and new groups looking to initiate startup projects. Funding will not be given to individuals.

APPLICATION PROCEDURE

Applicants can download the 2021 Mombasa County Consolidated Revolving Fund application form by clicking the link below :

ATTACHMENTS

Forms should be submitted to the FUND Management Office located at Betting Control and Licensing Building, 3rd floor, on or before  25th January 2021.

Shortlisted applicants will pitch their business ideas before a panel of Judges who will select the successful loan awardees. Members of the successful groups will undergo entrepreneurship training be fore disbursement.

For more Information: Visit the webpage for Mombasa County Consolidated Revolving Fund