Wednesday, October 16, 2024
HomeNATIONAL NEWSMakueni County Partners with Safaricom to Digitize Tetheka Fund

Makueni County Partners with Safaricom to Digitize Tetheka Fund

By TCD TEAM.

Makueni County has taken a significant step towards enhancing financial inclusion and transparency by partnering with Safaricom to digitize the Tetheka Fund, an empowerment initiative aimed at providing affordable credit.

On Tuesday, key county officials, including the Executive Committee Member for Gender, Eng. Peter Mumo, and ICT Executive Elizabeth Muli, led a multi-sectoral team in a review meeting to evaluate the progress of this digital transformation.

See also  Kitui Coal: Untapped Wealth or a Missed Opportunity?

The new system is set to automate the entire loan process—from application and processing to lending and repayment. This move is expected to increase efficiency, transparency, and accountability, thereby simplifying access to credit for women, youth, and persons with disabilities.

Eng. Peter Mumo expressed confidence in the system’s ability to enhance financial empowerment for vulnerable groups in the county. “The digital platform is poised to revolutionize access to affordable credit, significantly boosting financial empowerment for our community’s underserved populations,” he remarked.

See also  Patrick Ngere to Challenge Nguna for Mwingi West Seat in 2027

The review meeting in Nairobi included representatives from the Makueni County Assembly Committee on Gender and the World Food Programme, a crucial development partner in social empowerment. This collaboration represents a pivotal advancement in utilizing technology to strengthen empowerment initiatives in Makueni County.

Facebook Comments Box

Discover more from The County diary

Subscribe to get the latest posts sent to your email.

County Editor
County Editorhttps://thecountydiary.co.ke
The County Diary is your News, Entertainment, Music Fashion website. We provide you with the latest breaking news and videos straight from the entertainment industry.
RELATED ARTICLES

Leave a Reply

- Advertisment -

Most Popular

Recent Comments

error: Content is protected !!

Discover more from The County diary

Subscribe now to keep reading and get access to the full archive.

Continue reading