urban Youth Financing Methods mahinda.ppt

etebarkhmichale 18 views 10 slides Sep 17, 2024
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About This Presentation

So next time you want something done in a certain way, rather than telling people what to do, show them the behaviour you expect from them. This way, you will have more engaged, happier employees and clients.

6.Speaking of change, embrace it!

And one of my favourites — embrace change! Being a le...


Slide Content

Wamuyu Mahinda
Executive Director

INTRODUCTION.
The Kenya Youth Business Trust
(KYBT) is an initiative of Youth
Business International (YBI) and is
modeled after the Prince’s Trust
whose three main objectives are:

Working with disadvantaged youth
between the age of 18 to 30 years.
Providing start up capital for those with
viable business propositions but are
unable to find finance else where.
Providing successful applicants with
volunteer business mentor and full access
to the organization’s local and national
business support network.

THE CHALLENGES FACING YOUTH
ENTREPRENEURS IN NAIROBI- A group of 22
youth entrepreneurs interviewed.
Start-up/Working capital
Youth Attitude
Extended Family and community
responsibilities
Placing the cart before the donkey
Cultural expectations and conventions
Education system
Role Models
Government policies

Proven Elements Of Successful Programs For
Entrepreneurship Development.
a)Giving Youth An Opportunity.
KYBT recognizes that there are young people who have the
potential to become entrepreneurs but have no means
b) Believing In the Youth by:-
Giving the youth his/her dream
Helping them develop their business ideas
Availing Funds
Allocating mentors to the Youth.
Visiting them.
Treating them with respect and appreciation.

c) Stringent vetting process
Youth should realize that nothing comes on a
sliver platter, least not funds!
d)Tapping the local business support
network
Youth issues are community issues and
everybody who can should get involved

What Doesn’t Work.
a)Adopting programmes without customization.
b)Ignoring the local culture.
c)Working independent of other youth organizations.
d)Making decisions for the youth without including
them.
e)Not having specific government policies on Youth.

Conclusion.
KYBT sees itself as part player in the noble
goal of ensuring a good, sustainable future
for the youth and appreciates the work
done by other partner bodies.
KYBT also notes the work already done by
the Kenyan government, notably the Kenya
National Youth Policy passed by cabinet on
15
th
January, 2004 which sets guidelines
and proposals from which strategies can be
developed to facilitate participation of the
youth in national developed.

The responsibility of ensuring a good
and sustainable future however does
not only lie with the government but
also with the private sector, the
development partners, NGO’s, CBO’s
and more so the youth.
It is also hoped that this empowerment
of the youth economically and the
creation of a sustainable and
increasing entrepreneur group and
spirit will be a continuous exercise.

TEL: 606030/603746
EMAIL: [email protected]
PHYSICAL ADDRESS: Wilken Telecoms House,
Opp Wilson Police Station.
POSTAL ADDRESS: Kenya Youth Business Trust,
P.O.Box 2410 – 00100,
Nairobi, Kenya.