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July 3, 2020
Corporate Watch
Education News

KCB Sends 240 students to Schools in KShs 78M Scholarship Plan

KCB Foundation Programmes Manager Stephen Matee (right) and KCB staff Velda Nasimiyu conducting an interview with one of the applicants for the KCB Scholarship Programme at Moi Avenue Primary School in Nairobi.

By KJ Odongo

KCB through its social investments arm; KCB Group Foundation has offered scholarships to high school students to the tune of Ksh 78 million. The 240 secondary school students being supported by the KCB Foundation this year have reported to various schools across the country.

The KCB Foundation was established in the year 2007 to implement KCB Bank Group’s corporate social investments. The Foundation’s programmes are designed to address issues of relevance specifically within the thematic areas of: enterprise development, education, health, environment and humanitarian intervention.

The Foundation—the social investment arm of KCB Group Plc— has set aside KShs.78 million in scholarships for the bright but needy students who sat for the 2019 Kenya Certificate of Primary Education (KCPE) examinations.

The scholarship will cater for full school fees, stationery and uniform for the students throughout their four years of studies.

Additionally, the students will also be assigned to a mentor from their local branches for quarterly one-on-one mentorship sessions as they undertake their studies.

Under the programme, 40 slots have been reserved for students with physical, visual and hearing disabilities.

Jane Mwangi, the KCB Foundation Managing Director said: “We directly want to help boost transition rates between primary and secondary school by giving these kids an opportunity to study. Part of our scholarship also includes a series of life skills training sessions aimed at equipping beneficiaries of the programme with relevant market place skills and to prepare them to take charge of their livelihoods.”

This year’s beneficiaries will bring to 2,139 students who have so far benefited from the KCB scholarships since 2007. The programme has been marked by a completion rate of 99% from year to year.

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