KCB sponsors 300 youth in VETA

A TOTAL of 295 youth in Mwanza benefited from KCB Bank sponsorship to Vocational Education Training Authority (VETA) in Mwanza in a bid to tackle unemployment challenges.

The sponsorship costs the lender some 94m/- which was also part of the ‘2jiajiri/E4D project’ jointly implemented by KBC and German Agency for International Cooperation (GIZ), since 2016.

The VETA sponsorship ended yesterday after graduation of the youth.

KCB’s Head of Marketing and Corporate Affairs Christina Manyenye, said during the graduation ceremony at VETA, yesterday that the project has reached 1,000 youths so far under technical skills and financial literacy.

“‘2jiajiri’, a continuous project, is aiming to reach at-least 5,000 youth in various regions, where the KCB operates,” she said.

Between 2019 and 2020, the project benefited 163 youth in Dar es Salaam, who joined various courses at VETA.

Mwanza’s VETA Director, Mr Lupakisiyo Mapamba, expressed the gratitude to the project runners, whose aim is to create more employment.

According to Mr Mapamba, him, the 295 youth have graduated in various technical courses, including painting, welding, carpentry and electricity.

Ilemela District Commissioner Mr Hassan Masala also commented on the move, saying that the bank and GIZ sponsorship is not only for graduates, since they will be creating jobs for others in the community.

“You graduate, believe in yourself and work hard,” he advised.

Ms Rosemary Bupilipili, speaking on behalf of other graduates, said the sponsorship showed that majority of the youth were willing to engage in various economic activities, but lacked proper skills.

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