On 20th January 2020 Diaspora University Trust on behalf of Diaspora and Kenyans entered into an MOU with Choice Microfinance Bank (MFB) and started to progress the DUT finance plan of the Diaspora University Town through the Microfinance Bank.
As the Microfinance Bank implements the DUT finance plan, the bank will advance the following:
The Microfinance Bank (MFB) will make the following resources productive:
The Diaspora in next five years (2020 – 2024) are projected to remit over Kshs 1.5 trillion. Diaspora through the Microfinance Bank will make their money productive through Jobs Creation and Houses development.
Through facilitating the Diaspora Money to create Jobs the Microfinance will make the Kenya Human resource productive and when doing so grow the Bank. Kenya is currently estimated to lose a human resource worth over Kshs 10 million as millions of Kenyans are unemployed or underemployed.
An article in the Kenya Treasury website reads that when Kenya Government put the Eurobond of $2.1 billion dollars; investors offered $9.5 billion dollars. This shows $7.4 billion (Kshs 740 billion) available Global finance. The bank will make this Global Finance resource productive when applied to Jobs creation and Housing development.
The founder’s goal is to advance Constitutional rights through Jobs Creation and Houses Development.
To Become Founder Contact Email: firstname.lastname@example.org
Or Contact following persons: Current joining period ends October 29th 2019.
Want to know more about us, tell us about your project or just to say hello? Drop us a line and we will get back as soon as possible.