KCB Foundation, KCB Bank and the United Nations Children’s Fund (UNICEF) have formalised a strategic partnership to help vulnerable households in Kenya transition from social assistance to sustainable economic opportunities.
The collaboration, established through a Memorandum of Understanding (MoU), will combine government social protection systems, UNICEF’s technical expertise and KCB’s financial inclusion and enterprise development capabilities to strengthen household resilience and improve livelihoods.
Through existing KCB Foundation programmes, the partnership will provide eligible households with skills development, enterprise support, access to finance and market linkages. The initiative aims to help beneficiaries establish sustainable income sources, achieve greater financial independence and improve family wellbeing.
KCB Bank will support the transition through financial literacy training, onboarding beneficiaries onto its banking platforms and providing savings solutions. The bank will also facilitate access to appropriately structured start-up and working-capital financing to support emerging businesses.
By connecting social protection beneficiaries with financial services and enterprise development opportunities, the partnership seeks to bridge the gap between social assistance and economic participation.
The initiative is expected to help vulnerable households build sustainable livelihoods, strengthen their financial foundations and participate more actively in Kenya’s economy.
