The Kiambu Biashara Fund has helped reduce unemployment by 60 per cent since it was introduced two years ago, Governor William Kabogo has said.
Speaking on Thursday when he issued certificates to Biashara Fund trainees at the Kamirithu poly-technique in Limuru Sub County, Kabogo said that thousands of youths, women and disabled persons in the county have benefited from the Fund.
Governor Kabogo noted that various programmess including trainings, mentorship and coaching have been conducted through the Biashara Fund flagship.
“We are happy to report that since its establishment in 2013, the Biashara Fund has been able to reduce unemployment by 60 per cent in Kiambu,” said Kabogo.
The Governor stated that the county was working on programmess aimed at reducing unemployment.
He observed that unemployment among the youths was to blame for high poverty levels.
The Kiambu governor encouraged youths to embrace entrepreneurship saying that the county has started other programmes to sponsor innovative ideas.
Kabogo said that through self employment young people will be able to create jobs for others and also contribute to development.
County Youth Affairs Minister Michael Waikenda challenged marginalized groups that have not applied for the Biashara funds to apply for the money.
He said that the county was in the process of increasing the Biashara Fund kitty from current Sh300 Million to 1 Billion.
Waikenda said that the government was keen to empower marginalized groups for realization of development in the county.