JANUARYequity 2018 News 1 Equity News A QUARTERLY NEWS PUBLICATION OF EQUITY BANK

www.equitybankgroup.com twitter @KeEquityBank Facebook KeEquityBank NOT FOR SALE Issue 12 Wings to Fly Spirit Sweeps Across Impact of the program has inspired other organizations and individuals to educate needy students

The Wings to Fly program The Wings to Fly selection is arguably the largest process has illustrated the comprehensive secondary power of communities to own school scholarship and and direct social structures. leadership program in the The Community Scholarship region. Its multiple impact is The 2018 Wings to Selection Boards (CSSBs) Fly Commissioning traced back to the introduction ceremony play an important role in of Free Primary Education in at Kenyatta anchoring this program in 2002 that saw enrolment rise University. the community through by 35% to 1.312 million pupils From left: Ivy community participation, in 2003. Mwai, Senior giving it integrity, Program Manager, The increased enrolment Mastercard transparency and community rates meant more financially Foundation, Equity ownership. challenged children would Group Chairman But by far the greatest complete primary school. Dr. Peter Munga, success of the program is that Wings to Fly was to contribute Education Cabinet it has inspired compassion in giving these children access Secretary Dr. Fred Matiang’i, Equity and a commitment by the to secondary school education. Group CEO & Kenyan society to educate The program offersManaging Director bright, needy children. This comprehensive support for the Dr. James Mwangi year, 587 scholars in the scholars through provision of and Lucy Gichuhi, Wings to Fly shortlist received tuition, boarding fees, books, Senator for South scholarships from public and Australia. uniform, shopping, pocket private organizations as well money and transport to and whom 15,168 are Wings to Fly Speaking at the as individuals. from school during their four scholars. 8,144 have completed commissioning of the years of secondary education. secondary school and 6,641 2018 cohort the Cabinet The Wings to Fly program qualified for university. Further, Secretary for Education Dr. Wings to Fly is part of the bigger Equity 5,431 ELP scholars have joined Fred Matiang’i noted that Leaders Program, ELP, which 82% Equity Bank’s Paid Internship the Wings to Fly program scholars gives bright students education Wings to Fly who Program, 1,339 of them has continued to greatly and leadership exposure. qualified to go to being Wings to Fly scholars. impact bright students This year’s intake university compared to Additionally, 443 scholars have from disadvantaged in most brings the number of ELP national rate of 22%. secured admission to top global backgrounds. scholars to 19,620, o f universities. “I commend Equity This program prestigious Bank and Mastercard fits well within the

Foundation for giving Sustainable Development schools young Kenyans an opportunity to shape their Goals, which are based on 27 top schools have so far destiny. This program fits trying to offer long-term hosted at least 100 Wings to well within the Sustainable “solutions to the problems Fly students each. National 19,260 5,431 Development Goals, which have joined Equity KShs10 schools account for 77% of Equity Leaders that plague our society, 8,144 6,641 Bank’s paid internship 443 are based on trying to offer Program scholars billion schools that have hosted Wings to Fly scholars Wings to Fly program, including ELP scholars The value of Equity long-term solutions to the including poverty, by the to date, of whom have secured at least 100 students to have completed scholars have 1,339 Wings to Fly Global Scholars problems that plague our 15,168 are Wings to qualified for admissions to year 2030.” KCSE beneficiaries Airlift to date date. This translates to two Fly beneficiaries global universities society, including poverty, university entry Education Cabinet Secretary Dr. classrooms of 50 students per by the year 2030,” he said. Fred Matiang’i, class each. The biggest number has gone through the most prestigious national schools which are secondary schools Equity lauded for supporting entrepreneurs classified under cluster three that is made up of the original World Bank book names Equity Group among Arica’s leading high-impact enterprises top national schools in Kenya that have been in existence for Equity Bank has been such as the Banco Unico in more than 30 years. recognized as a high-impact Mozambique, Fidelity in Ghana These schools are enterprise that has transformed and Banco Atlantico in Angola, considered to be the best the African financial services Equity Bank has been termed endowed in terms of Equity Bank’s turnaround from sector by creating extraordinary a strong partner for aspiring infrastructure and human humble beginnings to market wealth and jobs. entrepreneurs and a bank that resources. They include leader has been captured in a book “The cases presented in promotes financial inclusion. Alliance Girls High School sponsored by the World Bank and the book of high-impact “As a bank, our partnership (218), Alliance High School published by Emerald Publishing, entrepreneurship in the financial with entrepreneurs goes beyond (204), Lenana School (189), a leading publisher of business and sector show us the opportunities money and building financial Maseno School (149), Limuru management books. Developing that vibrant African societies inclusion. It extends into training Girls (149), Nakuru Boys Africa’s Financial Services - The present for risk takers,” said Prof. and mentoring to prepare them for (135), Nakuru Girls (129), Importance of High-Impact Dana Redford, the book’s editor. success,” said Dr. James Mwangi, Mang’u High School (128), Entrepreneurship was launched in Taking the spotlight alongside Equity Group CEO & Managing Equity Bank CEO & MD Dr. James Mwangi (left) with the Loreto Limuru (127), Kenya recently. other remarkable African banks Director. book editor, Prof. Dana Redford. High (119) and Nairobi School (109). 2 equity News

“I am a witness that Setting scholars on the pathway to leadership education scholarships are transformative. I got a scholarship at a tender chance to excel in their academics and strong foundation of honesty, hard age and that is what leadership, given an equal opportunity; work, integrity and inclusivity. We made me. We started Dr James That communities are willing to be need an education system that is Mwangi, architects of their own future given the globally competitive and that focuses education intervention CBS - Equity in 1992 and we have through Bank CEO opportunity and platform; on nationhood; on issues and not And that the signaling effect of a personalities or tribes.As technology the years seen that education is & Managing transformative to the beneficiaries Director. good idea has the potential to make it takes root, our future will depend on take root in a community, gain a life of how well we embrace “future jobs”. and the society.” - Dr. Peter Munga, its own and become a transformational The future The old conventional careers are good, Chairman, Equity Group. phenomenon. of our society is as but let us not be blind to how the Eight years later, we have world is evolving. “The Wings to Fly witnessed each of these ideas come to good as the quality The World Economic Forum scholarships given life. Quality education is #4 of the 17 of education we has noted that the world has now to the students allow entered a fourth industrial revolution UN Sustainable Development Goals. them to become offer our children. informed by developments in genetics, As we celebrate the 2018 class of the It provides a sustainable solution global citizens, able artificial intelligence, robotics and Wings to Fly program, we can look back to poverty alleviation and increased “A critical mass of to go anywhere in the life expectancy and has become one nanotechnology, 3D printing and at the multiple impact of this program visionary, ethical and world and be the best of the key pillars of our social impact biotechnology. These need to be in our society with fulfilment and they can be.” – Eugene programs. Education should be of transformative leaders taught at university and technical satisfaction. Wamalwa, Cabinet Secretary, high quality, relevant, easily accessible levels. This program was conceptualized will be required in Water & Irrigation. As Equity Group, we appreciate along several philosophies; and inclusive, where each child gets an order to achieve Vision the kind gesture of the Government That education is a sustainable equal opportunity based on merit. of Kenya for supporting Wings to tool for empowering individuals to The future of our society is as good 2030.” “The secret of 1.2 Wings to Fly PARTNERS Fly in the spirit of public private transform themselves; as the quality of education we offer our education is applying 1.2 WingsDr to FlyJames (WtF) PROGRAM Mwangi partnership for development. We look That children from financially children. A critical mass of visionary, the knowledge you Principal Partners forward to a day when no child who challenged backgrounds who are ethical and transformative leaders will be get. Balance your has qualified to go to school will miss academically gifted have an equal required in order to achieve Vision 2030. life. Think about We need to use education to lay a an opportunity. your life from the 1.2 Wings to Fly PARTNERS emotional, spiritual, 1.2 Wings to Fly (WtF) PROGRAM Principal Partners mental, physical and Supporting Partner social aspects. Also take The number of scholars supported by Wings to Fly programme partners, corporates and leadership roles in your school, individuals to access secondary school education as per the breakdown below: local church and even your 15,168 county. Know who makes the decisions that affect your life.” Supporting Partner – Lucy Gichuhi, Senator for South Australia. OTHERS 8,562 3,814 1,192 830 602 168 “Wings to Fly has helped bright but poor children from the region develop ambition. Those children who have received sponsorship in the past are in various high schools and are doing well.” – Ahmed Set, ‘You are leaders at a milestone in your5 journey’ Muslim community representative, Isiolo CSSB

Congratulations to the new Wings to Fly scholars. of these values as the roots of a tree. They will keep “From an education perspective When I look at you, I see young leaders at a 5 you grounded in what is important. The strength of Wings to Fly milestone in your journey. Wings to Fly is also these values determine the health of the tree that is the program has had at a milestone. What started out as a dream to you. The health of the tree will determine the health a tremendous impact on children educate a few hundred Kenyans is now educating of the forest – your families and communities and who would never have made thousands. all of those around you whose lives are affected by it to secondary school as it is I am proud of what we have achieved together. how you live yours. touching the lives of the very needy Thank you to the Equity Group Foundation and My third lesson is this: be curious about the cases.” – Rachel Wanjala, Chief the Wings to Fly partners, and thank you to the world. Be open to new opportunities. There are big Education Officer, Voi Sub-County and for your support. The challenges in Kenya and across Africa that you can Chairperson, Voi CSSB. success of Wings to Fly would not have happened use your education to address, like housing, food without a shared belief in Kenya’s young people. security, health and climate change. We live in a We are a nation united behind education. The time when we have the capacity to improve the “Wings to Fly has helped the future is bright for Kenya and for Africa. Even lives of millions of people; to do good for humanity Nyamira community because it is in today’s complex world, all of you have an at a scale previously unimaginable. Through your helping village children who would opportunity to use your education to make it more education, you all have the skills and knowledge to never have gone to school, and inclusive, just and sustainable. do just that. lifting families out of poverty.” – I know this because like many of you I Scholars, you are here because of your hard work, Beatrice Mongare, Social Worker, completed my education thanks to hard work and but remember we never travel alone on our journey. Nyamira County. the power of scholarships. Throughout my life You are here, also, because of the support of others – many people have taught, inspired and challenged family, friends, members of your community, people me. They still do. They have helped me become me who have sacrificed for you. Appreciate them. “There are many children in the the leader I am today. Reeta Roy, President and CEO, Mastercard Foundation. I wish you all the best as you begin your country who are needy and would I want to share three lessons I have learned: secondary education. not have had an opportunity to go First, living with purpose. Start thinking to secondary school and beyond. It about your purpose. Your life’s purpose will guide We live in a time when we have the capacity to improve the lives is because of this program that we your choices and enable you to be successful and have many who have excelled and fulfilled. Think about what you want to achieve; of millions of people; to do good for humanity at a scale previously are making a positive contribution what you will tell your grandchildren about when unimaginable. Through your education, you all have the skills and to the society.” – Rev. Father you are older. Timothy Kiplagat – Priest in charge of knowledge to do just that.” Reeta Roy, President and CEO, Mastercard Second, in order to define your purpose, know the Sacred Heart of Jesus Cathedral, your values. Know what you will stand for. Think Eldoret.

STEP STEP STEP STEP STEP STEP STEP Constitute How Wings to Fly Announcements in Applications done CSSB Communicate to the 1 2 Community 3 online or using 4 The CSSB vets 5 6 7 media, churches, Interviewing successful and non- Scholarships physical application and shortlists the conducts mosques, schools of the successful applicants and beneficiaries are Selection Board (CSSB) forms available at applicants. Shortlisted verification by and chiefs’ offices shortlisted make public announcement “and train the members branches and agent candidates are called to visiting the homes candidates selected calling for applications locations attend interviews of the candidates of the outcome equity News 3 Boy beats Nine Wings to Fly scholars odds to excel Kiamwangi village in Thika is score A in 2017 KCSE home to 13 year old Jesse Wahiu (below). Jesse was born physically challenged but that did not deter him from attaining 363 marks at Mwea Primary School, which saw him get admission to Thika High School. The first born in a family of three, Jesse has been raised by a single mother after his father Isacko Ruchi Boru (left) lives with his partially blind mother in Bubisa, abandoned the challenged family. North Horr. The aspiring mechanical engineer scored 378 marks at Jesse’s sister is deaf-mute and also Bubisa Primary School and has been admitted to Kakamega High School. has autism. Jesse’s mother, a casual His dream is to solve the water shortage problems of Marsabit County. labourer, can hardly put a meal on “Thanks to Wings to Fly I will go to the school of my dreams and get a good the table let alone cater for her education,” he says. children’s medical expenses. Jesse uses a special shoe that costs KShs15,000. His mother Wings to Fly alumna wins Dr. James Mwangi (seated) with the nine Wings to Fly Scholars who scored A in the 2017 KCSE. cannot afford a new shoe yet the old one has President’s scholarship Nine Wings to Fly “You are compared to the national become so beneficiaries scored A while qualifying rate of 11.5%. A Wings to Fly alumna, Dorris scholarship to study a double heavy from distinguished Nduku Waeni (pictured major in Pharmacy and to repairs that he 107 scored A-(minus) in The nine, together with below) has received the undertake a one year internship can no longer the 2017 Kenya Certificate because you have the other 133 who scored Kenyan President’s in the UK.The award is given lug it around. of Secondary Education demonstrated A nationally plus the 107 UK Scholarship annually to an intellectually “I want to be a examination (KCSE). Wings to Fly scholars who Award to study gifted Kenyan student from neurosurgeon The nine were among your commitment, scored A-(minus) joined the at Bradford a humble background to so that I can 1,309 Wings to Fly scholars Equity Bank paid internship University in pursue studies at a leading UK take care of who qualified for university strength, and program alongside the top West Yorkshire, university. my mother, with an entry grade of determination to boy and girl with a minimum England. It is supported by members treat my C+(plus) and above. 68.9% of grade of A-(minus) from Dorris of the Northern Consortium sister and the 1,899 who sat the exam move forward. ” each sub-county where received UK (NCUK), Brookhouse also support qualified to join university - Dr. James Mwangi. Equity Bank has a branch. the five- International School in Kenya myself in the future,” he year and British Airways. Daniel Sabali Misango says. 2018 KCSE WINGS TO FLY Friends School, Kamusinga “No one can stop someone SCORE CARD who knows where he is going. Have a dream and a clear goal. You can make it even if you come from a 1,309 poor background.” Maxwell Ojiambo Ojiambo Wing to Fly scholars who qualified for Kanga High School university entry grade C+(plus) and “Poverty is not an excuse. above in 2017 KCSE out of the 1,899 I grew up in Dandora and who sat the exam we often went hungry. I’m grateful that the Wings to Fly program has changed my future.”

Phyllis Adhiambo 69% 11.5% Karima Girls High School “I see a changed Kenya Proportion of Wings Proportion of because, if we put into practice the lessons taught to Fly scholars students, nationally, to us at the Wings to Fly who qualified for who qualified for annual congresses it will university entry university entry have a huge impact.”

Lillian Chepkoech Dalmas Noel Oduory Mary Mount Girls High School Kapsabet High School “This is an opportunity given “You need to have a mentor. to a few. I felt privileged If you have someone who and wanted to do my best. I knows the way, you will knew that despite my family reach where you’re going background, I have something faster.” in me.”

Francis Edmond Otieno Rose Wairimu Maranda High School Kenya High School “I believe that I have to “The mentorship I have change my life and transform received from the program the society positively. I’m has enabled me to deal with thankful for the skills I family conflicts. It has really gained through the Wings built my leadership skills.” to Fly program.”

Charity Undisa Osuka Savin Bunyore Girls High School Friends School, Kamusinga

“When I got the scholarship, it “It was in Form Four that changed the life of my mother I became a top-ten student who had suffered from mental and I attribute this to the illness after my dad was killed mentorship sessions during during 2007 post-election the annual Wings to Fly violence.” congresses.” 4 equity News 371 top KCSE scholars now paid Equity interns

The top KCSE scholars pose for a photo with Equity Bank top management during their induction into the Equity Bank Paid Internship Program.

The 2018 Equity Leaders Welcoming them into “You are a group of gifted Nairobi Senator Johnson Program (ELP) cohort has ELP, Equity Group CEO and and intelligent people and we Sakaja committed his support been commissioned after going Managing Director Dr. James want to put you on a program towards mentoring the young Opportunity to study at through a two-week induction Mwangi congratulated the that will enable you to make leaders. that prepares the students to students, assuring them that your talent significant in “This is the beginning of the the world’s top varsities join Equity’s Paid Internship they are cut out for success. society,” said Dr. Mwangi. rest of your lives. You have clay Program. The commissioning in your hands to mould your Every year, Equity Leaders released them to start their future to be what you want to Program (ELP) scholars are nine-month internship ELP scholar Qabale be,” said Sakaja. invited to send applications to Qampicha from Pangani program in Equity Bank ELP develops academically study abroad. Girls High School receives They are taken through a branches across the country. her posting letter from bright students across five 443 rigorous college counselling The group of 371 students Nairobi Senator Johnson dimensions: values, skills, The number of in the 2018 intake will see the Sakaja. education, work experience and programme in readiness for submitting applications to top Equity Leaders number of ELP scholars rise global networks. It starts as a Program to 5,431. The current cohort paid internship in the interface global universities. These scholars have proceeded scholars who consists of 115 Wings to Fly period between high school and have secured to study in Ivy League institutions scholars as well as A students I thank Equity Bank for taking you through university. admission in the USA as well as top nationally and the top boy and this program immediately after your exams. You will The students build to global girl with a minimum grade professional skills while earning universities in Canada, UK, universities. of A-minus from each sub- leave here grounded and focused.” enough money to put them China, Spain, Turkey, France, South Korea, South Africa, Ghana county where Equity Bank has Nairobi Senator Johnson Sakaja throughEquity theirDrive the Swipefirst A4.pdf year 1 21/12/2017 of 20:02 a branch. “ university. and Rwanda. Thirty-five ELP scholars receive early admissions to global varsities in 2018 ELP Scholar Admitted to High School Attended

1 Haya Naphtal Obillo Harvard University Alliance High School 2 Stephan Njumbi M.I.T Starehe Boys Center 3 Veronica Wairimu Muriga M.I.T Kenya High School 4 Mwangi Wanjiku Lorna Yale University Precious Blood Riruta 5 Kenneth Kiprotich Columbia University Alliance High School 6 Ronnie Kaigua Kihonge Princeton University Alliance High School 7 Nduhiu Linda Wanjiru Cornell University The Kenya High School 8 Collins Kiprotich Too Cornell University Litein High School 9 Parit Jackson Tupana Cornell University Alliance High School 10 Gitahi Jeff Maina Dartmouth College Utumishi Boys Academy 11 Douglas Gichohi Maina Duke University Alliance High School

12 Elizabeth Ndinda Musanga University of Edinburgh Moi Girls Nairobi C

M 13 Gabriel Ohawa University of Edinburgh Africa Leadership Academy Y

14 Grace Nkatha Kiruja University of Edinburgh Karima Girls High School CM

15 Kayeyia Roshelle Gakii University of Pennyslavania Precious Blood Riruta MY

CY 16 Naomi Maranga University of Pennyslavania Kenya High School CMY

17 Mirriam Chemutai University of Pennyslavania Alliance Girls High School K 18 Percy Chelangat Mibei Ecole Centrale De Nantes Kaplong Girls High School 19 Odhiambo Moses Ojwang Ecole Centrale De Nantes Alliance High School 20 Joyce Chepngeno Bor Bowdoin College Moi Tea Girls Secondary 21 Phoebe Chepkemei Lokwee Brown University Alliance Girls High School 22 Daniel Ngoria IFY - Brookhouse Alliance High School 23 Collins Kibet Colby College Alliance High School 24 Fabian Francis Mkocheko Middlebury College Nairobi School 25 Wainaina Grace Wanjiku Northwestern University Moi Girls School Nairobi 26 John Faith Kasasi Northwestern University Alliance Girls High School 27 Lesly Chepchirchir Kemboi Smith College Moi Girls High School Eldoret 28 Abdikadir Omar Abdulle Tufts College Nairobi School 29 Cassandra Dacha University of Cape Town Moi Girls Nairobi 30 Vallary Muhambe Muhalia University of Chicago Alliance Girls High School 31 Maronga Rhoda Kendi University of Rochester The Kenya High School 32 Dokata Kosi University of Rochester Africa Leadership Academy 33 Kariuki Joyce Muthoni Vanderbilt Kabare Girls 34 Walter Githaiga Mwaniki Vassar College Thika High School 35 Matano Mohammed Telengo Yalova University Sheikh Khalifa Bin Zayed equity News 5

Dandora kid shaping Equity Leaders From the Program (ELP) Benjamin Eshiwani at slums to Michigan State future of bio-tech University. Inset: Eshiwani In my freshman year at carting off Michigan State University Michigan rubbish in (MSU) I experienced culture Gikomba for a shock. A common challenge fee during high is being judged based on my term accent. This is sheer ignorance breaks. and I really dislike it when that happens. Then there is University the food. I was used to eating ugali frequently in Kenya. How I miss it! Before I was invited to join friends I met on campus, At the beginning I was the prestigious Mastercard who made the transition shy and self-conscious. But community at Michigan smooth. I am currently I have made new friends and State University in the US, I focusing on being admitted interacted with professionals had an obscure view of life. I to the prestigious Eli Broad in my field of study through was a regular youth living in Business College, which takes conferences, career fairs a small single-room house in in only the top students. I will and graduate school Majengo slums in Nairobi, major in Finance and possibly preparation seminars. which I shared with my minor in Political Economics. Work study has also given mother and sister. I serve as the Treasurer to me work experience in my Despite all the struggles, I the Association of Kenyans field of interest, which will Equity Leaders Program (ELP) scholar Expery maintained excellent academic in Lansing and a Student I hope to one day work be a plus when applying Omollo, now a Biotechnology student at Michigan performance throughout my Supervisor in the school with the World Bank to create for jobs after graduation. State University in the US. He attended Ofafa primary school. I was lucky to cafeteria. I am also part of the economic policies that can I have grown to Jericho High School as a Wings to Fly Scholar. get Equity Bank’s Wings to Fly Mastercard Gumboot dance. transform Africa. critically distinguish sponsorship, which not only between what I agree with mankind from the complex epidemics we face today. catered for my high school I was a regular youth living in a small and what I don’t and be I would advise education, but also mentored assertive in my opinions. I I would advise students who come from a disadvantaged me to grow as a holistic and single-room house in Majengo slums in Nairobi, can now look at different students who come all-rounded student leader. perspectives and ideologies background to focus not on which I shared with my mother and sister. where they come from but Life in the USA has been and I’m able to tolerate those from a disadvantaged interesting, thanks to the new who disagree with me. I am where they are going. Your a Biochemistry & Molecular background not to future is fully in your hands. I am Biology/ Biotechnology grateful for the opportunities major. My dream is to use focus on where they I have received to pursue my research to save the world. I education and career. I believe come from but where those opportunities weren’t in Your car insurance intend to specialize in drug production, understanding they are going. Your vain and I promised myself that cancer metabolomics, which at some point, I will make sure is chemical analysis, and future is fully in your that talented students in the covers your car... figuring out retroviruses. villages who are disadvantaged I’ll be at the forefront of hands. complete their education and discoveries that will save achieve their goals. But not you. I’ll help those with autism like my sister

When I finished primary school, mum organized a harambee but people did not turn up. Then she was told by a friend about the Wings to Fly scholarships. We went and took the forms and we prayed.

Equity Leaders Program (ELP) Melisa Kimwere, now applied and got admission into the University a student at the University of British Columbia in Canada. of British Columbia (UBC) in Canada and also joined the Mastercard community. We have access et a ena Aient e tay to counsellors, academic advisors, meal plans, I was admitted to Moi Girls High School Nairobi career guidance and a stipend. This cover gives you compensation in the event of injuries, disability, or death after doing my KCPE at Dayspring Primary At UBC, I have met people from all over resulting from motor vehicle accident, violence, riots, strikes, civil commotion. School in Kariobangi South, where I scored 402 the world and I enjoy the diversity. It is also marks. challenging because only the best study at UBC, What’s more the cover caters for physiotherapy expenses and artificial My dad died suddenly in 2009 when I was so I know I must work hard. appliances, professional trauma counselling and provides a last expense in Class Six. When I finished primary school, I came here intending to do Biochemistry but benefit and so much more. mum was told by a friend about the Wings to Fly I’m now interested in Psychology or Cognitive scholarships and that’s how I applied and got Systems. Unlike in Kenyan universities, here I iit yu neaet Equity Bank an t ay picked. must choose the units that lead to my major. My Equity Insurance Agency Equity House, 5th Floor, Muindi Mbingu Street, P.O. Box 350 – 00202 KNH, Nairobi Tel: +254 063 063 000 Insurance Agency After high school when I scored A, Equity Email: [email protected] www.insurance.equitybankgroup.com @KeEquitybank KeEquitybank goal is to help children with autism as this is close Equity Insurance Agency Limited is regulated by the Insurance Regulatory Authority took me into the paid internship program. I to my heart because of my sister Njeri. 6 equity News Blue-collar work offers crucial Equity scholars join German Academy career lifeline to students Annastacia Wambuli could not join the university after Form Four because she got a C+. TheWings to Fly alumna thought that was the end of the road f o r her because she had failed. She thought she had let down all the people who believed in her and supported her. “I felt doomed at first. It was difficult to Annastacia deal with Wambuli it and I felt German Minister for A board member of Krones I had lost Economic Cooperation AG in Germany Markus hope,” she says. and Development, Gerd Tischer said the Ruiru centre But Annastacia now Muller (left) issues a letter of is a Public Private Programme looks forward to a bright admission to a TVET scholar establishment initiated by future after joining the TVET scholar Irene Njambi practises photography at at the Krones Academy Africa Germany’s, KFV, KfW and Kenya Coast National Kenya Coast National Polytechnic, Mombasa. in Ruiru. DEG. Polytechnic, a Technical and Inset: Magdaline Lapit works on the hair of a dummy. The scholar is among six “We built this training Vocational Education and Wings to Fly alumni who centre of excellence for food Training (TVET) institution Certificate of Secondary Education received partial scholarships to and beverages industry to focus to study laundry, food production and (KCSE) Examinations transition into enroll in a diploma course in on service and build technical hotel management. The opportunity TVET institutions countrywide. mechatronics at the institute. skills,” said Tischer. has given her hope by equipping her The initiative providesWings to Presenting the letters the The Krones Academy with employability skills. Fly alumni with life and employability Minister told the trainees to focuses on upskilling for service Equity Group Foundation (EGF) exposure and skills. While some of them always engage the mind, heart operators, technicians, field in conjunction with its partners; the enrolled for three-month certificate and hands to secure their engineers and trainers. German Government through its 3,316 courses, others were admitted to longer- livelihood: “Vocation education “Our training focuses on implementing agency KfW, Equity Bank The number of Wings to Fly scholars term diploma courses with a scholarship and training brings together the practical skills lacking and the Ministry of Education, Science who sat KCSE examinations and have covering their first six months, and the practical and theoretical in the market,” said Nicho and Technology (MoEST) launched transitioned into TVET institutions thereafter to apply to the Higher aspects to work for a country.” Wolmarans, MD of Krones. a youth empowerment programme countrywide Education Loans Board (HELB) to that saw 3,316 Wings to Fly graduate finance the rest of their education. scholars who sat for their 2016 Kenya ELP student who started scholarship foundation

He cuts the image of a confident to fend for the family of seven. His the Wings to Fly program for his and quick-witted man, but grandfather died as did the aunt he resilience and success. “I have Moses Mungai (right), 22, lived with. But despite his woes, learned to give back. Society gave has lived the proverbial Mungai managed to score me a loan and I intend to repay it nine lives. Most of these 401 marks in KCPE and with interest.” have been dreadful and get admission to Nyandarua wrought with poverty but High School. his unstoppable spirit and By good fortune he landed the impact of Wings to Fly in the Wings to Fly program, and ELP have ensured that but his mother was later to die. his future is tinged with promise. “With my mother gone, I And not just his own future, but started taking refuge in school. 7am that of many other less fortunate would find me at the school gate 40 children. on opening day,” he says. During The number of needy Mungai is the Founder and holidays, Mungai worked in a students that Wings to Fly Chairman of Nyandarua High quarry. beneficiary Moses Mungai School Support Foundation He got A-minus in KCSE, has supported through his (NHSSF) which has to date securing admission to University of foundation supported 40 needy students in Nairobi’s Law School. He credits his former high school. He did not Receive money from other banks wait to have money; he founded directly into your Equity Bank it in 2015 when he was in Form Three after watching his friend Paul Account with PesaLink drop out of school for lack of fees. To date, the Foundation has raised KShs600,000 and is run by students • To receive money, simply activate PesaLink on your Equitel line. Go to and teachers with the principal as My Money>My Account>PesaLink registration and follow the steps the patron. The son of a single mother The sender must also be registered on PesaLink. Give them your Equitel who suffered a debilitating heart number or account number and the money will go straight to your condition, Mungai lived with his bank account grandfather in Ndaragwa in his • You can also pay for goods and services through PesaLink in all outlets early years. When he was in Class with an eazzypay sign Five, his mother got married to a father of five, but their newfound Visit our customer service desk or the Equitel website to learn more about PesaLink. bliss was interrupted by the man’s unexplained departure. As his mother’s health deteriorated, young Mungai found himself having to Equity Bank (Kenya) Limited is regulated by the Central Bank of Kenya. do menial jobs like weeding farms, Moses Mungai (seated 4th left) with some of the beneficiaries washing clothes and pruning trees the foundation. equity News 7 Farmers to get state Geopoll: Equity is the guaranteed most preferred bank credit A survey by mobile research to changing trends as customers (Equitel) and online (Eazzy firm Geopoll has found embrace self-service technology Banking) platforms offer clients The Government Kenyans are more likely to platforms that give them a convenient lifestyle while of Kenya, through consider Equity Bank their freedom, choice and control. transacting both in the country the Ministry of primary account over all other Equity Bank’s digital and abroad. Agriculture, Livestock lenders in the country. 95% of banking products on the mobile and Fisheries has the respondents from Kenya signed an agreement said they would recommend of KShs300m with Equity Bank staff display some of the trophies won at the 2017 their current primary bank to Equity Bank to Inter-bank Games. friends or family. support farmers for The findings indicate the second phase of Equity teams top sports leagues that a majority of Kenyans the Agricultural Credit prefer a bank that gives them Guarantee Scheme convenience and customer (ACGS). The Equity Bank chess and Football Team won Nairobi service first, followed by 40% ACGS Phase 1 football teams are the champions Regional League cup to be products and services, branding, started in 2011. of their respective leagues after promoted to the Football Kenya stability, efficiency and respondents from Kenya This Public Private staving off tough teams in a year- Federation Division 2 League favourable transaction fees. who said Equity was their Partnership is a risk long grueling season. next season. Transaction fees, lack primary account sharing arrangement These victories come hot on the Meanwhile, the ladies of good loan facilities and where Government heels of a triumphant stint at the basketball team, Equity Hawks, complicated loan processes are provides a guarantee Kenya Institute of Bankers (KIB) continue to dominate the sports the main reasons they were fund to cushion the Interbank Games where Equity scene as they defend the league August 2017 Retail Banking Customer st unhappy with their banks. Participating Financial Bank emerged 1 runner up. cup in the ongoing Women’ Kenya There is a digital Satisfaction Straw poll Survey Institutions (PFIs) for The Equity Bank Chess team Basketball Federation league. transformation in the African any proven credit loss of dethroned KCB Chess Club in The team also represented banking industry that has led the outstanding credit the Kenya National Chess League Kenya in the FIBA Africa Zone amount in default. It to scoop the coveted trophy, with V Championships in Uganda will facilitate access Equity player Steve Ouma voted as well as the FIBA Africa to affordable financial most valuable player of the league. Championship’s Cup in Luanda, ELP doctor injects hope services for the small In addition, the Equity Angola. holder farmers. into low-cost healthcare Every time Dr. Benson Chuma Chuma joined Equity Group situated at The Siron Plaza. Make eCitizen sees a patient at his Equity Afia Foundation to explore how While offering the full range Ongata Rongai clinic, he is Equity Bank’s high volumes, of services, the clinic focuses on payments with grateful for the opportunity to low margins model can be preventive healthcare, offering serve. I was working as a paid implemented in the health free lifestyle and nutrition intern at Equity Bank’s Nyeri sector. talks as well as tests on chronic Branch in 2002 that sparked Still driven by his interest in diseases such as diabetes and this fire which not even the high-impact entrepreneurship, hypertension. allure of a lucrative job in the Dr. Chuma went to University Dr. Chuma wishes to see Paybill Number 206206 medical field can snuff out. of Cape Town, South Africa more doctors own hospitals, Dr. Chuma, then an ELP in 2013 to pursue an MPH to wrest the medical field • Driving Licence Renewal scholar, learnt from the Bank Masters in Public Health, from profiteers. At only 33, he • Passport Application/ Renewal how a business can help people where he specialized in Health undoubtedly has the time and • Business Name Search/ Registration while still being profitable. An Economics. the drive to inject hope A student from Nyeri High He came back in 2014 and into low-cost • Certificate of Good C onduct etc. Schoool, Dr. Chuma joined worked as a health financing healthcare. medical school at the University expert exploring affordable of Nairobi in 2003 after his 18 medical insurance for low- Dr. Chuma month internship. income populations. “Dr. Mwangi told us to In March 2016, Dr. Chuma follow our passion. He said ‘if took the plunge and together you want to be a doctor, pursue with three other doctors who Medicine. One day Equity were also former ELP scholars, might need doctors’,” he recalls. became a franchisee of an In 2010, two years after Equity Afia clinic. He took completing medical school, Dr. the Ongata Rongai clinic Equitel to insure hospitalised subscribers

Equitel subscribers will now or make mobile banking admission of three consecutive have access to a mobile-based transactions worth Kshs1,000 nights or more, the subscriber insurance product called or more, per month. will receive a payout of Riziki Cover, which will ease The cash payout will double KShs400 for every night spent the financial burden associated to KShs800 if a subscriber uses in a hospital. How To Get Started with lost daily income from their Equitel line for both. Two premium covers, 1. Visit www.ecitizen.go.ke and sign in or register one’s employment or personal To activate Riziki Cover, ‘Riziki Plus Personal Cover’ 2. Select the service you require from the various government agencies business in case they are dial *745#. In case of hospital and ‘Riziki Plus Family Cover’ listed in the portal and follow the steps to the end admitted in hospital. can be accessed by paying 3. Pay for the service via Equitel and Equity monthly premiums of KShs140 Insurance Agency have and KShs620 per month To access download the Eazzy Banking App or Pick your Equitel line today. partnered with leading insurer respectively. This ensures a cash Britam as well as technical * # payout of KShs2,500 per night service provider, Inclusivity 745 for hospitalization of three Solutions to introduce the The number to dial consecutive nights and an equal Riziki Cover. It is accessible from your Equitel cash payout of KShs2,500 per to Equitel subscribers who line to activate Riziki night for dependants. use KShs100 airtime or more, 8 equity News