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Phase: Ideas Missions: Create Entrepreneurs and Managers

Youth Investment Club

Millions of Youths form a savings investment club, make compulsory monthly contributions and borrow with ease for the entrepreneurship ideas

Photo of myvkenya
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EXPLAIN YOUR IDEA

Millions of Youths form a savings investment club, make compulsory monthly contributions and borrow with ease for the entrepreneurship ideas. This can be realized through structured, professional and well-organized Youth organization, duly registered by the State. A youth organization, by the youth and for the youth that has localized grassroots membership and setup. The problem is: YOUTHS HAVE ALWAYS BEEN GIVEN A RAW DEAL IN THE ECONOMIC DEVELOPMENT AGENDA. THEY HAVE NO JOBS, THEIR PARENTS/GUARDIANS HAVE INVESTED SO MUCH IN THEM UNTIL THEY ARE IN DEPRESSION, THEY HAVE BEEN LEFT TO IDLE EVEN WITH THEIR GOOD ENTREPRENEURSHIP IDEAS, THEY HAVE NO SECURITY FOR BANK LOANS, THE COST OF DOING BUSINESS IS HIGH, THERE IS MEGA CORRUPTION IN GOVERNMENT AND SOCIETY. The solution/strategy: YOUTHS TO REALIZE THEY HAVE THE NUMBERS TO DO PUSH FOR AND DRIVE CHANGE - YOUTHS ARE STRONGER TOGETHER. THEY COME TOGETHER IN THEIR MILLIONS AND FORM AN SAVINGS INVESTMENT CLUB WITH COMPULSORY MONTHLY CONTRIBUTIONS [e.g. just KES. 500/- per month per youth. For just one million youths, that is KES. 500 Million a month and KES. 6 Billion a year.] THERE IS NO INVESTMENT IDEA THAT SUCH YOUTHS CANNOT BANK ROLL BY THEMSELVES, FROM INDIVIDUAL MEMBER TO GROUP UNSECURED BORROWING FOR SMALL PROJECTS, TO PARTNERSHIP WITH GOVERNMENT AND PRIVATE SECTOR ON MEGA DEVELOPMENT PROJECTS WHERE THE YOUTH INVESTMENT CLUB MAKES HUGE PROFITS AND DEVELOPS THE COUNTRY ON THE FLIP SIDE

WHO BENEFITS?

YOUTHS BENEFIT - FINANCIALLY, SOCIALLY, ETC. THE YOUTHS GET TO ENGAGE IN MANY ACTIVITIES TO DEVELOP FELLOW YOUTHS AND SPUR REAL DEVELOPMENT LOCAL COMMUNITIES DEVELOP, THE COUNTRY GROWS, THE ECONOMY GROWS, MORE IDEAS COME UP TO BE TACKLED AND EVERYONE IS PLAYING AN ACTIVE ROLE IN SOCIAL-ECONOMIC DEVELOPMENT

TELL US MORE ABOUT YOU

www.myvkenya.or.ke A Organization that Unites Kenyan Youths towards Economic Empowerment and Social Development. Our aim is to promote and provide within our premises or projects, programs of social economic educational and community based activities within a safe and secure environment.

WHERE WILL YOUR IDEA BE IMPLEMENTED?

  • Kenya

EXPERIENCE IN IMPLEMENTATION COUNTRY(IES)

  • Yes, for more than one year.

EXPERTISE IN SECTOR

  • I’ve worked in a sector related to my idea for over a year

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Photo of Stephen Njuguna Njeri
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This is the greatest economic revival plan of  all time for the Youths in Kenya.It is true that Youths are stronger together!

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