By Erick Wanjala
The Tourism Fund’s (revolving fund )initiative has emerged as a beacon of hope for widows and orphans struggling to access higher education and entrepreneurial support, particularly those ineligible for loans from the Higher Education Loans Board (HELB).
Speaking during a women empowerment program organize by the executive Office of the president ,office of the presidential advisor on women rights to the president,under the theme of championing women's empowerment partnerships bold and inclusive future,theTourism Fund chairperson Hon Samson Some highlighted the life-changing impact of the revolving kitty, which was established to empower vulnerable groups who often fall through the cracks of mainstream financing.
According to the Fund, the program has enabled dozens of widows to start small businesses ranging from cottage industries to agri-tourism ventures, creating a ripple effect of income generation within their communities. Orphans pursuing higher education have also benefitted through bursaries and soft loans, allowing them to stay in school without the burden of unmet tuition fees.
“Many of these beneficiaries would have otherwise been forced to abandon their dreams due to lack of financial support. The revolving nature of the fund ensures that once one group benefits and repays, another gets an opportunity,” Chairperson Samson Some said
Harriet Chagai who is the presidential advisor on women rights the executive office of the president stated that the target of the empowerment program is 5 million Women and children with 34%of Women involved in the MSME Micro,Small Medium Enterprise with pilot programs already kicked in Nyamira,Narok and Kakamega.
" Our core agenda is economic empowerment ,offering legal support,leadership and governance back with data research where acceleration of women rights ,child rights will help in economic transformation" Said Madam Chigai.
The Fund emphasized that empowering disadvantaged groups is part of its broader mandate to promote inclusive growth in the tourism sector while ensuring no one is left behind.
Stakeholders have urged the government to replicate similar models in other parastatals to cushion Kenyans who cannot access formal credit facilities, particularly amid tough economic times.
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