in

Uwezo Fund Unable To Account For 3 Billion Shillings

Photo Courtesy: Uwezo Fund Facebook Page

Is it not ironical that the same fund that asks you to show proof of your monthly contributions as a group is the same institution that has no evidence of loans advanced to groups?

//twitter.com/UwezoFund/status/1155921325237645312?ref_src=twsrc%5Etfw%7Ctwcamp%5Eembeddedtimeline%7Ctwterm%5Eprofile%3AUwezoFund%7Ctwcon%5Etimelinechrome&ref_url=http%3A%2F%2Fwww.uwezo.go.ke%2F

The Uwezo Fund is a flagship programme for vision 2030 aimed at enabling women, youth and persons with disability access finances to promote businesses and enterprises but it now turns out, the fund is unable to account for close to Kes. 3.9 Billion that was meant to distributed to various groups across the country.

The latest Auditor General’s report for the financial year 2017/2018 indicate there are no documents showing the groups or the amounts of money they received nor debtors ledgers detailing the loans issued by the fund since its inception or the repayments made which has since raised eye brows.

In the Edward Ouko’s report, it is noted that Uwezo Fund gave over Sh7.5 million to people whose details were not indicated in the imprests schedule. There were also no comprehensive loan listings and/or ageing analysis in support of outstanding loans.

Have you or do you know anyone who has benefited from Uwezo Fund?

KR On Youtube

    Written by Albert

    Governor Waititu to know his fate Today, expects the Courts to squash Orders barring from Office as Kiambu Governor

    The secret is moving away from what your CV reads, Akothee’s 50 cents to youths