Youth Enterprise Development Fund ( @youthfundke )

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(Last Updated On: November 5, 2014)

Unlike the Uwezo fund that is a grant to the eligible youth; YEDF is a loan towards business by youth groups. Money is constantly allocated to various constituencies every year towards building the youth but sadly it goes back untouched to the treasury at the end of the financial year.

Youth waste away unaware of the benefits they could get out of YEDF. Indirectly, it’s a money minting affair if you plan well and complete all the expected tasks towards eligibility. Here’s a breakdown of the various loans they offer:

Agri-Vijana loan

This as the name depicts is towards agriculture. It’s a partnership between Amiran and the YEDF and instead of a cash loan you’re handed equipment worth around 400k. The equipment (Amiran Farmers’ Kit)  includes;

  • Two green houses
  • Drip irrigation system
  • Water tank
  • Farmers sprayer
  • Gold medal seeds
  • Nursery set
  • Fertilizers
  • Agrochemicals
  • Plant support system
  • Health and safety
  • Group training
  • Agro support package
  • Amiran Farmers Kit insurance

The catch is that you need to be able to come up with 10% of the loan upfront. The grace period varies depending on the time needed for the crop to mature.

Agrivijana

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