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Originally published by Nation Businessbusiness
September 27, 2026
17h ago
Auditor-General: Recovery of Sh4bn Uwezo loans unlikely
Money had been disbursed to women and youth groups since inception of flagship programme under Vision 2030 growth plan...
✨ Key Highlights
It is unlikely that the Sh4 billion in loans disbursed by the Uwezo Fund will be recovered, according to Auditor-General Nancy Gathungu.
- The Auditor-General revealed that the recovery rate of Uwezo Fund loans is extremely low.
- The Uwezo Fund, established to support women and youth groups, has disbursed significant amounts with minimal returns.
- A notable detail is the lack of robust mechanisms for loan recovery and accountability for the funds disbursed.
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