YOUTH ENTERPRISE FUND TO FINANCE KMTC STUDENTS SEEKING JOBS ABROAD

The College and the Youth Enterprise Development Fund (YEDF) on January 29, 2025, announced a strategic partnership to provide financial support for students pursuing job opportunities abroad.

Under this initiative, YEDF will offer loans to students who have successfully completed the National Council Licensure Examination for Registered Nurses (NCLEX-RN).

“We are considering covering their travel-related expenses and potentially supporting their accommodation, upkeep, and local transport,” said YEDF CEO Mr. Josiah Moriasi.

KMTC CEO Dr. Kelly Oluoch welcomed the initiative, highlighting its potential to ease the financial burden on students aspiring to work abroad.

“The cost of preparing for and transitioning to international employment is often prohibitive, with expenses estimated at Ksh. 1 million, covering exam preparation and related costs,” Dr. Oluoch explained.

“With this partnership, we are breaking barriers to ensure that every qualified student, regardless of their financial background, can access global job opportunities,” he added.

He reaffirmed KMTC’s commitment to supporting students in securing employment beyond Kenya’s borders.

KMTC and YEDF will develop a Memorandum of Understanding (MoU) outlining the implementation framework to formalize the partnership.

Mr. Moriasi emphasized that the fund is expanding its financing models to facilitate labor mobility, ensuring more Kenyans can secure employment overseas.

“We are committed to investing in sustainable initiatives that allow us to recover our funds while creating equal opportunities for all Kenyans,” he noted.

The loan will be repaid once the students secure jobs and begin working.

Also present at the event were KMTC Deputy Director of Academics Dr. Nyawira Mwangi, Resource Mobilization Manager Mr. Job Nyakado, and other officials.