Barclays Kenya invests Ksh65 Million to needy Undergraduate Students
By Soko Directory Team / September 3, 2017
The Barclays Bank of Kenya, as its Shared Growth Agenda initiative, is investing Ksh 65 Million that will benefit brilliant, but needy students in Kenyan Universities.
The Barclays scholarship will benefit 420 university students a programme which will run for the next three years.
Each student will benefit from Ksh 150,000 which will encompass: fees, accommodation, upkeep and a laptop. The scholarship is open to students in both public and private universities.
“In order to align with the diversity and inclusion agenda as well as represent the face of Kenya, we will ensure that the beneficiaries meet a 50:50 gender split; 4 persons will be persons living with disabilities and students will be picked from all the 47 counties in addition to ensuring ethnic balance. “
The selection process will be managed by the Higher Educations Loan Board (HELB) given their vast experience in the disbursement of bursaries and loans to Kenya’s university students.
The Shared Growth Ambition program is a continuity from the Barclays Africa 2015 Citizenship Plan which acts as its foundation as the foundation that aligns its overall strategy and competitive strengths.
Key pillars of the program are: education and skills development, enterprise development and financial inclusion.
“We invest in young people because by so doing, we are laying the foundation for a solid future. We subscribe to the Shared Growth agenda which takes the view that for us to prosper, society must prosper and the best way to ensure that is by playing our part to ensure said prosperity.”
The bank is currently implementing its ReadytoWork banner which is an online course that provides students in tertiary institutions with the skills they need to transition effectively to the job/business world.
Read: Barclays Kenya unveils Ksh150M Enterprise Supply Chain Development to Support SMEs