Standard Chartered handed over a cheque of KES 7,000,000 to Catholic Relief Services (CRS) on Friday 15 November 2024 at Mathare Vocational Training Center, Juja Road, Nairobi. The funds will be used to support cash transfers for communities in Mathare and Embakasi, with special focus on youth.
Standard Chartered and CRS also handed over donations of food and non-food items to more than 200 community members in Mathare and Embakasi impacted by devastating floods. The donations and cash support will provide vital relief to the vulnerable households aiding in their recovery and rebuilding of their lives and livelihoods. Alongside the donations, there was also a tree planting activity, discussions on financial literacy, mental health, and the income opportunities in recycling waste.
This critical short term and long-term support aims to restore hope and improve the lives of those who were affected by floods, at a time when their focus has been reduced to their predicament.
“CRS Kenya, empowers communities affected by crises by providing immediate relief and long-term development assistance to ensure sustainability.” says Angela Muathe, Communications Manager for CRS Kenya and Somalia. “We are excited about this partnership with Standard Chartered as we invest in the promising futures of young people in alignment to the Government of Kenya’s education and training plan within the social pillar of Vision 2030.”
Speaking at the event, Joyce Kibe, Head of Corporate Affairs, Brand & Marketing, Kenya & Africa of Standard Chartered Bank, said, “We are delighted to partner with CRS Kenya in supporting youth. Globally, 282 million young people are not in education, training or employment. Futuremakers by Standard Chartered is our global youth economic empowerment initiative, supporting young people, especially women and people with disabilities, to learn, earn and grow. Today, we have offered financial literacy skills to youth as a way of equipping them with knowledge to improving their economic participation. This donation will further support youth with much needed skills to navigate the unemployment challenge”.
The emergency response initiative will be embedded in CRS’ Wezesha Vijana program where the youth participants will receive market-driven skills and investments to enable them secure decent employment and start successfully businesses building their pathways to self-reliance and economic prosperity.
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