February 25, 2024

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USADF: Opportunities To Leverage Fundings Aimed At Supporting Local Businesses In Siaya County

United States African Development Foundation has commenced talks with the County Government of Siaya to support small and medium enterprises that suffered a blow as a result of the novel coronavirus that has left businesses counting losses.

Siaya County is one of the beneficiaries among others that will get an enhancement to uplift small-scale businesses in the post-Covid-19 era according to the United States African Development Foundation (USADF) Director Timothy Nzioka.

While briefing journalists in Siaya town, Mr. Nzioka stated that the project will be carried out in different Counties and will work closely with the County Government who will then help to identify a business community in the small scale sector saying it will change the lives of the people,

“I am in Siaya to discuss with the County Government the opportunities to leverage funding and deepen our work in the region by supporting grassroots enterprises. Our funding is going to focus in individual counties where a county leverages our funding and then we deploy hundred percent of the fund to support priority sectors identified by the County” Nzioka said.

Additionally, he said that the project targets Agriculture, business, and general well-being of the people from marked Counties,

“The program is looking at three main areas, agriculture, all the way from production to markets, renewable energy et Cetra, We will also focus on women and youths who are capable of exploiting the resources that will enable them to live a productive life” He concluded.

According to USnly Siaya County has been marked as a pioneer county but also counties of Nakuru, Makueni, Garissa, and Machakos County.

The County Government of Siaya led by Governor Rasanga has surged locals to embrace the initiative that will provide financial avenues and provide opportunities in Agriculture and business and will address the unemployment rate among the young people.

This comes barely twelve months after being disrupted brought by the pandemic that left businesses crumbling down accompanied by huge debts, while others closed down.

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