KCCA allocates Shs 631 million to youth livelihood program to benefit 75 groups

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Eunice Tumwebaze, the manager of Gender, Youth, and Children at KCCA, has confirmed that the selected groups, which encompass a diverse range of projects, will soon receive their allocated funds.

A total of 375 young people from the five divisions of Kampala City are expected to benefit from this initiative.

The distribution of funds is as follows: Lubaga Division 10 groups, Nakawa Division 16 groups, Kawempe Division 16 groups, Makindye Division 19 groups, and Kampala Central Division 14 groups.

These groups are engaged in various projects such as poultry farming, carpentry, disco sound systems, tailoring, welding, bakery, salon services, as well as tent and chair rentals, among others.

Since its establishment in 2014, the YLP has successfully financed 458 youth projects in Kampala, with a total value of UGX 4.4 billion. This has positively impacted over 5,000 young individuals across all five divisions.

It is worth noting that the program has been instrumental in providing interest-free revolving funds to unemployed and economically disadvantaged youth between the ages of 18 and 30, including school dropouts.

Moreover, the program has demonstrated its commitment to financial responsibility by recovering at least Shs 1 billion from previous disbursements.

However, it is important to acknowledge that there have been challenges with certain youth failing to repay the revolving fund, which limits opportunities for other young individuals to access the funds.

The Youth Livelihood Programme is a government of Uganda-financed initiative strategically designed to address the escalating rates of unemployment and poverty among the youth.

By promoting entrepreneurship and empowering young individuals with necessary resources, the program aims to create sustainable solutions and opportunities for the country’s younger generation.

This injection of funds is expected to stimulate economic growth within the youth demographic, fostering innovation and self-sufficiency, and ultimately contributing to the broader development goals of the nation.

 

 


Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Comment

Your email address will not be published. Required fields are marked *

Recent News

Editor's Pick