The partnership that will cost KShs 15 million over the next one year will also offer a financial literacy program that will seek to equip young and upcoming athletes with knowledge around business ideation, entrepreneurship skills, managing and growing businesses, investment, retirement planning as well as debt management.
Making the announcement,
"We have identified relief as an important need area in supporting our athletes who have supported our marathon over the last seventeen years during these tough times. In addition to the food relief, we will be offering them entrepreneurial and financial literacy training that we believe will equip them with the necessary skills and knowledge when it comes to investments and starting their own businesses," Kariuki said.
The one-year partnership will initially target 500 athletes from Uasin Gishu, Embu, Kericho, Kisii, Narok, Kajiado and Nyandarua Counties, who will be identified as vulnerable and adversely affected by the Coronavirus pandemic.
Dr
"On behalf of the foundation, I appreciated the efforts from the bank in helping our athletes plan for the future as the financial literacy program will aid in building resilience and enable these athletes to diversify their livelihood skills in a bid to expand their income streams,"
The partnership is the latest relief effort that the Bank has undertaken in ensuring that it makes a difference not only to its customers but to the public at large from the adverse effect of the novel Coronavirus pandemic.
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