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Private Institutions Challenged To Help Needy Students Complete Secondary School

Financial literacy program aims to reach more than 50,000 young Kenyans aged seven to 18 each year.

Private Institutions Challenged To Help Needy Students Complete Secondary School.

Private institutions have been urged to help bright but needy students complete secondary school.

According to George Magoha, there are many vulnerable children in the informal settlements who need educational assistance because their parents cannot afford it.

“Private institutions should visit schools in the informal areas and see the many children who are unable to attend classes,” he said. 

Magoha spoke at the launch of Zamara Group’s financial literacy program for young people in Malindi on Thursday.

He stated that the state has data for all schools, which is easily accessible to private institutions that want to help needy students.

“Private institutions can get data of most vulnerable children from areas like Bangladesh in Jomvu or Embakasi, Mkuru Kwa Njenga, and Mji wa Huruma in Nairobi.

“You might face criticism from the public for playing public relations with the community, but the fact is you will be helping the needy and the law allows you to do your Corporate Social Responsibility where it will bring impact,” the CS said.

The financial literacy program aims to reach more than 50,000 young Kenyans aged seven to 18 each year.

There will be a beginners program taught online. It will go over the fundamentals of money, such as budgeting, saving, investing, and debt.

The program was launched at the Diamond Dream of Africa in Malindi during the ninth annual Retirement Benefits Authority conference, which was attended by Zamara Group CEO Sundeep Raichura.

The conference’s theme this year was “Mapping the Best Retirement.”


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According to Raichura, research shows that money habits can be instilled as early as seven years old.

He believes that children should be taught about finance at a young age in order to shape their attitudes toward money during their formative years.

“Financial literacy helps provide the opportunity for young people to have a brighter and more prosperous future. Therefore, there is a need to empower them from an early age,” the CEO said.

Private Institutions Challenged To Help Needy Students Complete Secondary School.

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