Youth Enterprise Development Fund (YEDF) Kenya

Overview

The Youth Enterprise Development Fund (YEDF) is a government initiative established to provide loans and grants to Kenyan youth aged 18-35 for starting or expanding businesses. The fund aims to reduce unemployment among youth by providing accessible financing and business development support.

Funding Amount

YEDF offers various loan products with amounts varying by type. The fund provides group loans, individual loans, and loans through financial intermediaries, with terms tailored to youth entrepreneurs' needs.

Eligibility Requirements

To qualify for YEDF funding, applicants must be Kenyan citizens aged between 18 and 35 years. Business entities must have at least 70% youth ownership. Applicants need a viable business idea or existing business, basic business registration, and a clear business plan.

Application Process

Applications are submitted through YEDF offices located in all 47 counties across Kenya. Applicants must complete the application form, provide required documentation including national ID, business registration, and business plan, and undergo assessment by YEDF officers. The fund also offers business development services including training and mentorship.

Contact Information

Youth Enterprise Development Fund offices are located in all 47 counties. Contact your nearest YEDF office for specific loan products, application procedures, and business development services.