Blog Post

03 Jul
By: root 0

GENDER AND YOUTH SECTOR BOARD STRATEGIZES ON RECOVERY, RESILIENCE AND CATALYZING GROWTH OF MSMES DURING COVID-19

The KEPSA Gender and Youth Sector Board led by its Chairperson and Vice-Chairperson Ms. Eva Muraya and Ms. Waithera Gaitho respectively held an online progress meeting on 1st July 2020. The focus of the meeting was to discuss the ongoing and introduction of new initiatives of the sector board.

In her opening remarks, the chair appreciated members for keeping the focus amidst the Covid-19 challenging times while further challenging them to maintain positivity and good leadership for the realization of the Sector Board objectives.

On Members mentorship and capacity building initiative, Ms. Mucha Mlingo introduced to the members a Recovery Bootcamp program under the theme “Innovate, Drive and Thrive,” with the objectives of sharing experiences and learning lessons during Covid-19 times to help review their strategies and marketing/business plans, and equipping members with relevant skills to build versatile and resilient business outfits capable of enduring adverse and turbulent times. This will be delivered by the Sector Board and the KEPSA Business Hub in partnership with Passion Profit Limited.

Regarding a new partnership with Educate Global, members of the sector board received a presentation by Educate Global Investment Director Ms. Sandrine Henton. Educate Global is a private equity manager focused on impact investments in midsized businesses in the Food, Health and Education sectors, to support women-owned enterprises and build the resilience of value chains in essential industries. As part of Educate Global’s commitment to the Billion Dollar Fund for Women, the firm will work with the KEPSA management, the Gender and Youth Sector Board and other KEPSA members to build the investment potential of Women-owned enterprises in the Food, Health and Education sectors.

Mr. Harrison Ngatia presented a program in partnership with MasterCard Foundation towards supporting MSMEs recovery, resilience and Catalysing growth during and post COVID-19. This will be a one–year program targets to work with women and the youth. This is in recognition of the central role played by women and young people in the economy thus seeking to provide access to finances, support for business recovery services, an undertaking of a study on the socio-economic impact of COVID 19 on women and youth-led businesses as well as the provision of Gender specialist services.

In conclusion, the sector board has been upscaling efforts towards recovery, resilience and catalysing the growth of its members during the Covid-19 pandemic.

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