President Ruto Briefed Ahead of KSh3 Billion Nyota Programme Disbursement

President William Ruto was on Monday briefed at State House, Nairobi, on the progress of the Government’s Nyota Programme business support component ahead of the launch of its second round of funding on Friday.

The briefing focused on preparations for the rollout of the KSh3 billion second tranche, which will benefit 122,000 entrepreneurs across the country. Each beneficiary will receive KSh25,000, bringing the total support received this year to KSh50,000 following an earlier disbursement of the same amount.

The Government said the beneficiaries have already completed a business development skills programme aimed at equipping them with practical knowledge to improve the management and growth of their enterprises.

The nationwide launch of the second disbursement will be conducted simultaneously at 18 venues across the country, bringing together beneficiaries from all 47 counties.

The Nyota Programme is part of the Government’s efforts to strengthen micro, small and medium-sized enterprises (MSMEs) by combining financial support with entrepreneurship training to boost business growth, create jobs and enhance household incomes.