Many countries around the world are concerned about young people who are not in education, employment, or training (NEET).
While unemployed youth who are in school or receiving training are investing in their future employment prospects and earning potential, NEETs are unemployed and not engaged in education opportunities. When young people are not in contact with the education system or the labor market, they cannot develop key skills for meaningful employment. Across countries with available data, more young women than young men are classified as NEETs. This situation is particularly pronounced in countries like Niger and Pakistan, where more than two of every three young women are NEETs.
Youth unemployment statistics in Kenya show that 60% of the Kenyan population is under the age of 35.The Kenyan unemployment rate is approximately 40% with an estimated 64% of unemployed Kenyans are youth ages 15-35 years.
Source: International Labour Organization, Global Employment Trends for
Youth 2012 (2012).
We seek to develop schemes that will support youth households. These schemes include financial literacy, linking youth to micro-finance institutions for financial support and other services, training on entrepreneurship and business development.
We pursue the following objectives:
- Facilitate the youth to establish cottage industries for the purposes of being self-reliant.
- Develop a scheme that will enable the youth access financial and related services from financial institutions.
- Promote the development of business and technical skills among the youth.
- Establish lending schemes among the youth groups.