Author Archives: MeAtcLOUD

In celebration of International Deaf Awareness Week, KWFT partnered with Free a Girl’s World Network in an empowering event held in Rongo. This is one of the 19 branches that KWFT serves in Eastern Nyanza. Free a Girl’s World Network is an NGO that promotes the well-being and empowerment of girls, young women, and gender-diverse individuals with disabilities in Kenya. The event, aimed to spotlight the challenges faced by the deaf community and advocate for their inclusion in every aspect of society

The event themed ‘Building Communities Inclusive for All’ was hosted at Kuja Primary and Secondary School for the Deaf in Rongo starting on September 16th and is set to run to 19th 2024 with various activities lined up. Joining the chief guest Migori County deputy Commissioner Mr. George Matundura were other institutions such as Kenya Institute of Special Education, Migori County Coordinator of The National Council for Persons with Disabilities, Kenya Forest Service (KFS), Light for the World and various trainers in the medical and legal professions. KWFT was represented by a team from Rongo led by the Regional Manager Eastern Nyanza, Charles Odingo.

KWFT participated in the event to demonstrate its unwavering support for the cause. Speaking at the event Charles Odingo reaffirmed KWFT’s commitment to advancing financial inclusion and economic empowerment to communities.

The stakeholders participated in a tree-planting activity, where they planted 200 out of the 4,300 trees donated by KFS as part of their commitment to environmental conservation.

With a presence in 45 counties across Kenya, KWFT continues to extend its reach to support women and girls from all walks of life, reinforcing the belief that every individual, regardless of ability, deserves equal opportunities.

From 9th to 11th September, KWFT, in partnership with the Association of Microfinance Institutions (AMFI) and German Sparkassenstiftung Kenya (DSIK), held a successful agribusiness training session in Kitale Town to train KWFT customers from Kitale East and Kitale Branch who are engaged in crop and livestock farming.

The focus of the training was to equip these farmers with sustainable farming practices to help improve their farm productivity and resilience. Key topics covered included crop rotation which enhances soil quality, effective pest control to safeguard crops from disease and damage ensuring better yields and the importance of animal and climate adaptation insurance as a key tool to mitigate the effects of sickness, theft, and climate change, which often lead to loss of livestock or crop failure.

The trainees were also encouraged to invest in land and farming equipment to increase productivity and proper storage techniques were taught to extend the shelf life of produce, reducing post-harvest losses. Membership in co-operatives was highlighted as a strategy to enhance farmers’ access to knowledge and financial services, further supporting their agricultural ventures.

KWFT customers expressed appreciation for the insights gained, acknowledging its potential impact in improving their farming practices and securing long-term success in their agribusiness endeavors.

KWFT remains committed to promote sustainable agriculture across Kenya by equipping its customers with financial services, skills and knowledge to thrive in an increasingly challenging agricultural landscape.

On 5^th-7^th September KWFT in partnership with the Association of Microfinance Institutions (AMFI) and German Sparkassenstiftung Kenya (DSIK), recently delivered a savings-centered financial literacy training to women entrepreneurs in Webuye. This training, aimed at KWFT customers, is part of an ongoing initiative to equip small and micro business owners with essential financial management skills, helping them grow their businesses sustainably.

For KWFT customers, this training plays a pivotal role in enhancing their financial literacy, empowering them to make informed decisions about their businesses. The training addressed common financial pitfalls such as failure to plan, impulse buying, lack of proper record-keeping, failure to budget, and neglecting to save for future use—all of which can hinder business growth and lead to financial instability.

The training also encompassed the importance of budgeting as a tool to manage and prioritize business needs and the importance of cultivating a savings culture to protect their businesses during unforeseen financial challenges. Effective financial planning, as emphasized in the training, ensures the long-term sustainability and expansion of their enterprises.

The training reinforces KWFT’s commitment to empowering women entrepreneurs with practical tools to overcome financial challenges, increasing their confidence in taking on financial services to support business growth and expansion. By supporting them with continuous knowledge and skills, KWFT is fostering the growth of resilient businesses that can thrive in changing economic conditions.

On August 28, 2024, KWFT hosted guests from UNGC-Kenya, Ms. Judy Njino, Executive Director and Ms. Lorraine Kithinji- Project Coordinator, for a courtesy visit to the Ag Managing Director KWFT, Mr. Kariuki Kitabu alongside KWFT’s senior management team. This visit was instrumental in reinforcing KWFT’s dedication to sustainability and responsible business practices within Kenya’s financial sector.

The United Nations Global Compact is a strategic policy initiative that calls upon businesses worldwide to align their operations with its Ten Principles, focusing on human rights, labor, the environment, and anti-corruption. KWFT was the first microfinance institution in Kenya to join the Global Compact, underscoring its dedication to sustainable development.

This partnership highlights the importance of businesses to align business strategies with global sustainability goals which not only benefits the environment and society but also strengthens the long-term success and resilience of businesses paving the way for a brighter future for everyone.

KWFT has partnered with the Association of Microfinance Institutions (AMFI) and German Sparkassenstiftung Kenya (DSIK) to deliver vital financial literacy training to women who run small and micro enterprises. This initiative aims to equip business women with essential skills to grow their businesses sustainably. The first phase of the training program has successfully been completed in Kakamega and Vihiga.

The training is vested on the following:

Savings: Focused on building financial literacy by emphasizing the importance of financial planning, effective budgeting, and cultivating a strong savings culture.

Micro Business Training: To provide hands-on experience in decision-making, financial management, and strategic planning, all aimed at helping entrepreneurs sustainably grow their businesses.

Farmers Training: Offering insights into sustainable farming practices and market dynamics, empowering farmers to overcome challenges and thrive within the agricultural sector.

This training initiative is a significant step toward enhancing savings mobilization, enterprise financing, and smart agribusiness within KWFT. By equipping women with these crucial skills, KWFT, AMFI and DSIK are fostering a new generation of empowered entrepreneurs capable of driving economic growth in their communities.

As this program moves forward, the next phases of the training are scheduled to take place in Webuye, Bungoma, Kitale, Eldoret and Mombasa, ensuring more women entrepreneurs benefit from this invaluable opportunity.