NCBA announces Sh12m scholarship for over 100 students
NCBA said the funds will be distributed through various partners to reach beneficiaries countrywide.
More than 100 students will benefit from a Sh12 million scholarship programme courtesy of NCBA Bank Group.
In a statement, NCBA said the funds will be distributed through various partners to reach beneficiaries countrywide and ensure they have equal opportunities.
The initiative, through various partners, aims to empower underprivileged youths, aged between seven and 25 years at the primary, secondary and university levels.
NCBA Group Managing Director John Gachora affirmed that their commitment towards education goes beyond financial contribution.
“In line with our ‘Change the Story’ sustainability platform, we have partnered with different organizations since 2007 to ensure we reach every corner of the country since education is a strong vehicle for change. We want to provide an environment that caters to the nurturing of holistic individuals who will pass on their skills to the next generation,” Gachora said.
Speaking during the cheque handover ceremony, NCBA Group Chairman James Ndegwa said their commitment, as outlined in their 2023 sustainability strategy, involves an annual allocation of Sh100 million to support communities, including empowering the youths.
“At NCBA, we have pledged to be active agents in enabling equitable and quality education,” he said.
The partners working with NCBA include Dr. Choksey Albinism Foundation, M-PESA Foundation, Edumed Trust, SOS Children’s Villages Kenya, Daraja Kenya Initiative and the Palmhouse Foundation.
Currently, 55 students are sponsored by the Dr. Choksey Albinism Foundation, two under the M-PESA Foundation, 16 under the Edumed Trust, nine under SOS Children’s Villages Kenya, two under Daraja Kenya Initiatives and 68 under the Palmhouse Foundation.
In addition, NCBA announced that they have onboarded two new foundations as partners, including the Kenya Scholar Access Program (KENSAP) and WEDCO.
They noted that through KENSAP, 15 top students from underprivileged backgrounds have access to Ivy League colleges, including Harvard, Yale, and Stanford.
Further, their partnership with WEDCO aims to support 25 young Kenyans from informal settlements this year.
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