Companies
Jubille in Sh40m drive to promote education access
Thursday February 23 2023
Jubilee Holdings Group CEO, Dr Julius Kipng’etich (left) hands over a dummy cheque to Roselyne Naliaka Mumbua (centre) and her mother Jennifer Mumbua. Roselyne was one of the 2022 Jubilee Children’s Fund beneficiaries. FILE PHOTO | POOL
Jubilee Insurance has allocated Sh40 million to support 168 students to access high school education over the next four years.
Through the insurer’s scholarship programme dubbed Jubilee Children’s Fund, the aid will cover both the tuition fees and supplementary needs such as school uniforms.
This year, the plan has onboarded 85 students, with the first cohort set to sit for their national secondary examinations later in the year.
“We believe empowering a child with education will positively shape their future and support business and economic continuity. An educated population also has a higher income and reduced dependence on public assistance programs,” said Jubilee Insurance Group CEO Dr Julius Kipngetich.
The programme is a timely intervention as many children still struggle to access learning opportunities due to biting poverty.
A Global Education Monitoring Report released by Unesco last year estimated that 1.8 million children aged between six and 18, who are supposed to be in school, have either dropped out or never been in school.
The report further ranked sub-Saharan Africa as the world-leading region where children are most excluded from education.
The Jubilee Children’s Fund also runs three additional healthcare sponsorship initiatives, namely Eye Project, Operation Ear Drop and Arms & Limbs.
“These alleviate health hardships by supporting children to access eye care, ENT, and prosthetics for children with broken limbs,” said the insurer.
The Fund has so far spent Sh838 million to help children access prosthetic limbs and undergo ENT surgeries.
