Jasiri Fund – Rebuilding Lives
JASIRI FUND
About the Programme
Centre for Rights Education and Awareness is leading a consortium that includes Collaborative Centre for Gender and Development and Groots Kenya. The consortium team jointly has established a women fund known as Jasiri Fund (Swahili word meaning `bold`). The overall objective is to support access to finance for 1000 survivors of Gender based violence as a means to strengthen survivors’ recovery and resilience in a sustainable manner. The fund works to support women, youths, people with disabilities who are survivors of gender-based violence by focusing on building their socio-economic resilience against economic shocks stemming from Covid-19 and household violence. Jasiri fund is a $350,000 guarantee fund held by Kenya Women Micro Finance Bank (KWFT) being implemented in 10 counties in Kenya namely: Kajiado, Kakamega, Kiambu, Kilifi, Tana River, Nairobi, Mombasa, Kwale, Mandera and Busia.
Jasiri Model
An inclusive approach to achieving gender justice and economic justice
What has been done
The cumulative number of women financed by the project to date stands at 716 against the target of 1,000 representing 71.6% of the target number at Ksh. 45,118,675.
By the end of 2022, 145 (20.3%) Jasiri clients had fully repaid their loans totaling Kshs. 8,029,100 which can be ascribed to improved capacity and resilience to navigate the competitive business environment and peer-to-peer mentorship for increased knowledge and experience sharing regularly.
