Kakuma Kalobeyei Challenge Fund by KKCF

Written by startup news

January 31, 2022

KKCF is inviting grant applications from companies for enterprise projects that will benefit both the refugees and host communities in Kakuma and Kalobeyei areas. The applicants must have experience in delivering sustainable solutions that benefits the lives of low income communities. If you are interested and want to apply for this social grant, check the Eligibility Criteria for more information.

Sponsoring Agency: KKCF

Type of Fund: Grant

Deadline: January 31, 2022

Details:

Applicants who are applying for this grant must have experience in delivering sustainable solutions that benefit the lives of low-income communities in hard-to-reach areas across Africa.

All proposed projects should be commercially viable and sustainable and have the potential to raise incomes, provide goods and services, create jobs, and improve living standards for families living in these areas – both refugee and host communities.

Eligibility Criteria

Grants are available to small and medium-sized companies that are commercially active or have a strategic plan to enter the Kakuma and Kalobeyei area. Applicants must meet eligibility criteria including:

  • Request a grant within the stipulated range.
  • Be legally registered as a for-profit company (e.g. corporation, LLC, etc.) or a branch/subsidiary of an international for-profit company, and physically established in Kenya at the time of awarding of a grant by AECF.
  • Have been in operation for a minimum of two years, with the ability to produce two years of audited accounts [these could be from the parent company, if recently established as a branch/subsidiary in Kenya].
  • Compliant with all government statutory requirements.
  • Pass AECF’s KYC (know your customer), AMT/CFT (anti-money laundering and counter financing of terrorism), PEP (Politically exposed person), and IDD (Integrity due diligence) screening.
  • Comply with applicable national laws relating to human rights, labor, and social and environmental management and respect internationally recognized human rights standards, as expressed in the International Bill of Human Rights and in the core labor standards established through the International Labor Organization.
  • Businesses not listed on the International Finance Corporation (IFC) Exclusion List, i.e businesses supporting terrorism, production/trade of weapons, radioactive materials, tobacco, etc.

Funding Information

Private sector companies can apply for a range of grants depending on the need with a minimum grant request of US $100,000 and a maximum of US $750,000.

Technical support will be available for successful applicants to maximize their project’s sustainability and development impact.

For more information, visit here.

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