Kenya ICT Board hands over Pasha cheque

Listers Kenya Information & Communications Technology Board Teleposta Towers, 12th Floor, Kenyatta Ave P.O.Box 27150 - 00100 Nairobi, KENYA Tel: +254 20 2089061/2211960 | Fax: 254-20-2211962 Email: info@ict.go.ke | web: www.ict.go.ke Press Release: Successful Loan Applicants Selected Date: Wednesday 11th May 2011 Kenya ICT Board is today giving Family Bank a cheque of USD 1.3 Million to start the first round of lending out the revolving fund. A total of 37 applicants have been approved. For this first round, the 37 applicants represent 37 constituencies and 24 counties across Kenya. Family Bank received 689 applications out of a total of 800 inquiries made. The 37 approved applicants have demonstrated various business ideas within their proposed Pasha centres ranging from; youth training, e-library services, website development, government services facilitation, teacher training, KCPE and KCSE online registrations, software development to name a few. The revolving fund will be disbursed as a loan by Family Bank, repayable over a three (3) year periodwith a 3 months grace period, but will have a flexible repayment period and below-market rate of interest – to a maximum of 10.5%. The loan applicant will be required to finance at least 10% of the business while the revolving fund will finance a maximum of 90% of the investment. The breakdown of the successful applicants is as follows: •Less than Kshs 1 M, 13 applicants •Between Kshs 1 and less than 2M, 16 applicants •From Kshs 2M – 3 M 8 applicants The objective of these loans is to enable prospective entrepreneurs to obtain access to credit which might not be available to them via existing micro–credit systems. The Pasha project falls under the Kenya ICT Board’s digital inclusion pillar which aims to increase access to ICTs by citizens across Kenya. It complements the other Kenya ICT Board agenda to stimulate job and wealth creation in ICT through entrepreneurship and is in line with Kenya’s Vision 2030. The List below shows the 37 successful applicants who will start off the Pasha centres in different constituencies. Note that the Kenya ICT Board plans to open 210 pasha centres countrywide; one per constituency. APPLICANT NAME COUNTY CONSTITUENCY Zacheaus Adukeyi Kubasu BUSIA Butula Edwin Odembo BUSIA Funyula Symphrose Ouma SIAYA Alego Alice Bosibori Onsarigo/Jude Chrispo Kikuyu/John Kieti Makila MAKUENI Makueni Alex Mwiti Kungutia/Enos Opati Ongute/Lawerence Wambugu Kemoche MERU Igembe Charles Gicira Warukira EMBU Manyatta Ayub Samba VIHIGA Vihiga Lucy Wanjiku Kinyanjui KIAMBU Kabete Benard Muriuki Mucheke/Jane Wanja Ndwiga NAIROBI Makadara Samuel Karanja Ngugi Muranga Kigumo Qassim Mukoya Kupuoni KAKAMEGA Matungu Nzambu Nasson Mwathe/Immaculate Nthambi Mutuku KAJIADO Kajiado Wilbert Cheruiyot / Eric Chirchir of San Systems Technologies BOMET Bomet Jared Odoyo Kwaga/Christine Akinyi Ochola MIGORI Migori David Kipkemboi Tuikong NANDI Emgwen Cuthbert Mcharo Idawo TAITA TAVETA Wundanyi Kipkorir Aly Azad Rana/Mohammed Halim Rana KISUMU Kisumu Town West Directors of NGO KISUMU Nyando Millicent Achieng Agoro Otieno Nyakach Elijah Kitati Mwaniki GARISSA Ijara jeremiah wando mbugua/geoffrey thuo gaitheru KIAMBU Limuru Philip Kimeu Mulovi/John Musau Kimeu MACHAKOS Mbooni Abel Koome Gitura MERU Central Imenti Douglas Kabii Munyua MERU North Imenti Paul Onyango Owino KILIFI Kaloleni Walad Ahmed Walad/Salma Said Mohamed KILIFI Malindi Eric Wesonga Simiyu MOMBASA Likoni Philip Muguro Ngugi MURANG'A Maragua Joseph Kirite NYANDARUA Kinangop Oscar Gwehona Gidei/Reuben Kipchirchir Sirma BARINGO Baringo Central Nelson Kiprono Siongok KERICHO Belgut Geoffrey Gitau Kamau/Veronica Muringi Gitau KIAMBU Juja Kinoti Marete George MERU Nithi Peter Gichohi Gitau LAIKIPIA Laikipia West Pharis Migwi Baaru NYANDARUA Ol Kalou Paul Karanja Kamami KIAMBU Gatundu North Robert Okoth Okwany/Frank Otieno Owiti HOMA BAY Rangwe For more information contact Email digitalvillages@ict.go.ke www.ict.go.ke The Kenya ICT Board is a State Corporation under the State Corporations Act 446 Sent from my iPad Paul Kukubo Chief Executive Officer, Kenya ICT Board PO Box 27150 - 00100 Nairobi, Kenya 12th Floor, Teleposta Towers Koinange Street Tel +254 20 2089061, +254 20 2211960 Fax: +254 20 2211962 website: www.ict.go.ke local content project: www.tandaa.co.ke, www.facebook.com/tandaakenya twitter:@tandaaKENYA BPO Project: www. doitinkenya.co.ke Digital Villages Project: www.pasha.co.ke personal contacts _______________ Cell: + 254 717 180001 personal blog: www.paulkukubo.co.ke personal twitter: @pkukubo

Hi Paul, This is good news, its been long overdue. My question is, will the board consider the other applicants who also submitted but are not in the list of the 37 OR there will fresh applications for the remaining 10 counties and other Constituencies for the next disbursement. Thanks Liwindi On Wed, May 11, 2011 at 2:48 PM, Paul Kukubo ICT Board <pkukubo@ict.go.ke>wrote:
Listers
Kenya Information & Communications Technology Board
Teleposta Towers, 12th Floor, Kenyatta Ave
P.O.Box 27150 - 00100 Nairobi, KENYA
Tel: +254 20 2089061/2211960 | Fax: 254-20-2211962
Email: info@ict.go.ke | web: <http://www.ict.go.ke>www.ict.go.ke
Press Release: Successful Loan Applicants Selected
Date: Wednesday 11th May 2011
Kenya ICT Board is today giving Family Bank a cheque of USD 1.3 Million to start the first round of lending out the revolving fund. A total of 37 applicants have been approved. For this first round, the 37 applicants represent 37 constituencies and 24 counties across Kenya. Family Bank received 689 applications out of a total of 800 inquiries made.
The 37 approved applicants have demonstrated various business ideas within their proposed Pasha centres ranging from; youth training, e-library services, website development, government services facilitation, teacher training, KCPE and KCSE online registrations, software development to name a few.
The revolving fund will be disbursed as a loan by Family Bank, repayable over a three (3) year periodwith a 3 months grace period, but will have a flexible repayment period and below-market rate of interest – to a maximum of 10.5%. The loan applicant will be required to finance at least 10% of the business while the revolving fund will finance a maximum of 90% of the investment.
The breakdown of the successful applicants is as follows: • Less than Kshs 1 M, 13 applicants • Between Kshs 1 and less than 2M, 16 applicants • From Kshs 2M – 3 M 8 applicants
The objective of these loans is to enable prospective entrepreneurs to obtain access to credit which might not be available to them via existing micro–credit systems.
The Pasha project falls under the Kenya ICT Board’s digital inclusion pillar which aims to increase access to ICTs by citizens across Kenya. It complements the other Kenya ICT Board agenda to stimulate job and wealth creation in ICT through entrepreneurship and is in line with Kenya’s Vision 2030.
The List below shows the 37 successful applicants who will start off the Pasha centres in different constituencies. Note that the Kenya ICT Board plans to open 210 pasha centres countrywide; one per constituency.
APPLICANT NAME
COUNTY
CONSTITUENCY
Zacheaus Adukeyi Kubasu
BUSIA
Butula
Edwin Odembo
BUSIA
Funyula
Symphrose Ouma
SIAYA
Alego
Alice Bosibori Onsarigo/Jude Chrispo Kikuyu/John Kieti Makila
MAKUENI
Makueni
Alex Mwiti Kungutia/Enos Opati Ongute/Lawerence Wambugu Kemoche
MERU
Igembe
Charles Gicira Warukira
EMBU
Manyatta
Ayub Samba
VIHIGA
Vihiga
Lucy Wanjiku Kinyanjui
KIAMBU
Kabete
Benard Muriuki Mucheke/Jane Wanja Ndwiga
NAIROBI
Makadara
Samuel Karanja Ngugi
Muranga
Kigumo
Qassim Mukoya Kupuoni
KAKAMEGA
Matungu
Nzambu Nasson Mwathe/Immaculate Nthambi Mutuku
KAJIADO
Kajiado
Wilbert Cheruiyot / Eric Chirchir
of San Systems Technologies
BOMET
Bomet
Jared Odoyo Kwaga/Christine Akinyi Ochola
MIGORI
Migori
David Kipkemboi Tuikong
NANDI
Emgwen
Cuthbert Mcharo Idawo
TAITA TAVETA
Wundanyi
Kipkorir Aly Azad Rana/Mohammed Halim Rana
KISUMU
Kisumu Town West
Directors of NGO
KISUMU
Nyando
Millicent Achieng Agoro Otieno
Nyakach
Elijah Kitati Mwaniki
GARISSA
Ijara
jeremiah wando mbugua/geoffrey thuo gaitheru
KIAMBU
Limuru
Philip Kimeu Mulovi/John Musau Kimeu
MACHAKOS
Mbooni
Abel Koome Gitura
MERU
Central Imenti
Douglas Kabii Munyua
MERU
North Imenti
Paul Onyango Owino
KILIFI
Kaloleni
Walad Ahmed Walad/Salma Said Mohamed
KILIFI
Malindi
Eric Wesonga Simiyu
MOMBASA
Likoni
Philip Muguro Ngugi
MURANG'A
Maragua
Joseph Kirite
NYANDARUA
Kinangop
Oscar Gwehona Gidei/Reuben Kipchirchir Sirma
BARINGO
Baringo Central
Nelson Kiprono Siongok
KERICHO
Belgut
Geoffrey Gitau Kamau/Veronica Muringi Gitau
KIAMBU
Juja
Kinoti Marete George
MERU
Nithi
Peter Gichohi Gitau
LAIKIPIA
Laikipia West
Pharis Migwi Baaru
NYANDARUA
Ol Kalou
Paul Karanja Kamami
KIAMBU
Gatundu North
Robert Okoth Okwany/Frank Otieno Owiti
HOMA BAY
Rangwe
For more information contact
Email digitalvillages@ict.go.ke www.ict.go.ke
The Kenya ICT Board is a State Corporation under the State Corporations Act 446 Sent from my iPad
Paul Kukubo Chief Executive Officer, Kenya ICT Board PO Box 27150 - 00100 Nairobi, Kenya
12th Floor, Teleposta Towers Koinange Street Tel +254 20 2089061, +254 20 2211960 Fax: +254 20 2211962 website: <http://www.ict.go.ke>www.ict.go.ke local content project: www.tandaa.co.ke, <http://www.facebook.com/tandaakenya>www.facebook.com/tandaakenya twitter:@tandaaKENYA BPO Project: www. doitinkenya.co.ke Digital Villages Project: <http://www.pasha.co.ke>www.pasha.co.ke
personal contacts _______________
Cell: + 254 717 180001 personal blog: <http://www.paulkukubo.co.ke>www.paulkukubo.co.ke personal twitter: @pkukubo
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participants (2)
-
liwindi joshua
-
Paul Kukubo ICT Board