Let us build the Nation instead of engaging in tribal vibe. Here is all you need to know about Uwezo Fund.. Share, it may help someone... FREQUENTLY ASKED QUESTION WITH ANSWERS Q How does one apply for the fund? Answer Meet the eligibility criteria, Get an application form from CDF office, fill the form and return it to the office with all the requirements Q Of what importance is the Capacity building programme and who will run it? Answer Capacity building is aimed at training the fund beneficiaries on General information of Uwezo Fund, Business Development Services and mentoring, Table Banking and Access to Government Procurement Opportunities. i) to create awareness on Uwezo Fund ii) to facilitate youth, women and PWDS to form businesses iii) to enhance youth, women and PWDS entrepreneurship capacity iv) to facilitate fund beneficiaries to access government procurement opportunities v) to link youth, women and PWDs owned enterprises with corporate businesses and form forward market linkages for collaboration and support The Capacity building Programme will be run by service providers identified by the Ministry of Devolution and Planning. The CUFMCs will offer necessary support to the service providers Q Who is in charge of the fund at the Constituency level? Answer The Area Member of parliament is the patron at the Constituency Level. The CUFMCs are mandated with overall management and design of the fund at the constituency level Q Who are the account signatories at the Constituency level? Answer Sub County Accountant, CDF Fund Account Manager is mandatory signatories Q What criteria will be used to determine whether a group qualifies for the fund? Answer (a)For a group— (i) Is registered with the department of social services, Cooperatives or the Registrar of Societies (ii) Has members aged between 18 and 35 years whereas the women’s groups shall be made up of women aged eighteen years and above NB: Youth groups with members above 35 years are eligible as long as the group is 70% youth and 30% others, 100% youth leadership, the same applies to the women and PWD groups ie 70% women and others 30%, 100% women leadership; 70%PWD and 30% others and 100% PWD leadership (iii) Is based and operational at the constituency it seeks to make an application for consideration (iv) Operates a table banking structure or any other group fund structure where members make monthly contributions according to the groups’ internal guidelines (evidence of monthly contributions shall be a requirement) (v) Hold a bank account in the name of the group. (b) For an institution— (i) Is a registered entity (ii) Has listed youth and women groups within it Q Is there a deadline for the Uwezo Fund application? Answer There is no deadline, it is a revolving fund. Q What is the interest incurred on the loan? Answer The loan does not attract interest Q What is its repayment period? Answer Six months grace period and two years from the expiry of the grace period Q The group should be made up of how many members? Answer The law is silent with regards to the number but the Universal application is Minimum 5 maximum 15 Q For how long should the group have been in existence for it to qualify for the fund? Answer There is no minimum required period of group existence as long as the group is practicing table banking and has evidence of monthly contribution Q Can I apply for the fund as an individual? Answer No the fund is only accessible to the groups Q How long does it take for the groups to get their funding after submission of the application? Answer The groups will get funding after vetting of their applications has been done by CUFMCs. Later the groups will be trained on four focus areas and then get funding for their projects Q What measures are you talking to ensure transparency of the fund so that it doesn’t fail like any other fund? Answer • At constituency offices the forms are serialized for accountability purposes • The beneficiary groups are displayed at the CDF offices and gazetted Q What is the difference between the Uwezo fund and the Youth Fund? Answer • Is guided by Public Finance Management (Uwezo Fund) Regulation, 2014 • Training before receiving the funds is done • Operates table banking • No interest • Links the beneficiaries to 30% access to government procurement opportunity • Offers mentorship progammes to the fund beneficiaries Q Is the capacity training of the Uwezo Fund the same as that of the Youth Fund? Answer No it is different, beneficiary are trained on four key focus areas namely: • General information on Uwezo fund • Business Development services and mentorship programmes • Table banking • 30% Access to Government Procurement Opportunities Q Why do applicants need to visit CDF Offices? Answer To collect and return the application forms Q Why do the Committee members have to sign the guarantee form for the money disbursed? Answer Committee members are gazatted and therefore are public officers working for and on behalf of the government Q What if a man is in a women group, will they qualify? Answer Men will benefit from women groups as long as the group is 70% women and others 30% but 100% women leadership What about people who are above 35 years but in a youth group? Answer Youth groups with members above 35 years are eligible as long as the group is 70% youth and 30% others but 100% youth leadership
Posted on: Thu, 26 Jun 2014 21:27:08 +0000
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