Safaricom is raising the bar in Kenya’s corporate social responsibility scene that has seen companies compete to offer scholarships for bright poor learners by commencing learning on the M-Pesa Foundation Academy, which is set to enroll its first lot of 94 Form One students mid February this year.
The Sh3 billion education complex plans to admit two needy but bright pupils from each county in Kenya, who will be offered a full four-year bursary covering all their education-related expenses.
Equity Bank, Co-op Bank, KCB Bank, Family Bank, ARM Cement, KenolKobil, and Nestlé are among companies that are currently giving sponsorship to pupils from poor backgrounds who excelled in the recently released KCPE exams.
Safaricom says the selection of learners to join the M-Pesa Foundation Academy is ongoing. Safaricom’s upcoming school joins a list of companies that sponsor their own schools including Mumias Sugar’s Booker School, Chemelil Academy run by Chemelil Sugar, and Karuturi Primary, funded by flower firm Sher Karuturi.
Students admitted to M-Pesa Foundation Academy will not pay a single cent of the educational and boarding fees since the school will offer full bursaries to bright but poor students unlike the sponsored schools who support their students partly.
The school is owned and supported by the M-Pesa Foundation, a charity organization established by Safaricom in 2010.
Article by Mercy Kariuki.