EQUITY GROUP FOUNDATION PARTNERS WITH MASTERCARD FOUNDATION ON COVID-19 RESPONSE IN KENYA

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Equity Group Foundation is a non-profit implementing foundation set up in 2008 as the social arm of Equity Group Holdings with the aim of transforming the lives and livelihoods of our people socially and economically by availing modern, inclusive financial services that maximize their opportunities.

Our Work

Through financial and technological innovations, we support Africans by providing the finest education and career opportunities. We offer those looking for growth opportunities, such as the youth, women and entrepreneurs, a powerful methodology that sources the finest talent and intellectual capital and leverages Equity Group’s vast infrastructure and network.

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Clinics Opened

EGF increased access to high quality health services including financing and options for poor and middle income families. EGF has seen a total of 200,945 patients being served since inception as out-patient care.

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273,635

Clean Energy Products Distributed

EGF addresses the challenges faced in developing nations by increasing awareness of the benefits of clean energy for cooking and lighting. EGF has distributed 273,635 energy products benefitting an estimated 874,000 individuals.

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2,050,000

Farmers supported to access agricultural finance

To date EGF’s agriculture program has supported small-scale peasant farmers transforming them into agribusiness entrepreneurs, increasing their production, business and technology capabilities.

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316,969

Entrepreneurs Trained

Micro, Small and Medium Entrepreneurs (MSMEs) receive mentorship and entrepreneurship training, providing access to financial services to low income entrepreneurs.

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37,009

Students Supported

By providing access to secondary and tertiary education, EGF to date has supported over thirty-seven thousand students at over 700 public secondary schools via its groundbreaking Wings to Fly program.

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3,410,000

Beneficiaries Reached with Social Protection Programs

EGF, utilizing the Equity Group payment system, continues to provide Cash Transfer Programs while at the same time leveraging on innovative delivery models that co-create enrolment and payment solutions for Elderly Persons, Orphans, Persons with Severe Disabilities, Persons living in Arid and Semi-Arid Lands (ASALs), Internally Displaced Persons, Refugees and other Vulnerable Persons.

In partnership with Governments, Humanitarian and Development agencies, the Foundation transforms lives and livelihoods by providing inclusive financial services to thousands of marginalized and vulnerable households living in Kenya, Uganda, Rwanda and South Sudan through these strategic initiatives.

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Recent stories

Equity CEO, Dr. James Mwangi, wins coveted Oslo Business for Peace Award

Equity CEO, Dr. James Mwangi, wins coveted Oslo Business for Peace Award

Nairobi, Kenya: September 9, 2020 Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc and Executive Chairman Equity Group Foundation was today honored with the prestigious 2020 Oslo Business for Peace Award which is also described as the “Nobel Prize for Business.”Honourees are chosen by a prestigious Award Committee consisting of past Nobel Prize winners in Peace and Economics. Current committee members are: Ouided Bouchamaoui (Tunisia), Leymah Gbowee (Liberia), Finn Kydland (Norway), and Eric Maskin (USA).

The Award is conferred annually to exceptional individuals who exemplify their outstanding `business worthy’ initiatives ethically by creating economic and societal value.

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92 Equity Leadership Program (ELP) Scholars Receive Admission to 43 Global Universities

Nairobi, 31st August 2020…92 scholars from the Equity Leadership Program (ELP) comprising of Wings to Fly alumni beneficiaries as well as those who topped the 2019 Kenya Certificate of Secondary Education examination in their respective sub counties have received admission to 43 global universities. The forty- three (43) institutions are across five continents in different countries including the United States, Canada, Germany, Hungary, Turkey, Costa Rica, the United Kingdom, United Arab Emirates, Ghana, Mauritius, Rwanda and South Africa.

With this year’s admission the largest single-year cohort, the total number of scholars who have so far gained admission to global universities under the Equity Leaders Program is 633.

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92 Equity Leadership Program (ELP) Scholars Receive Admission to 43 Global Universities

Impact Stories

Transformational Impact Report

Impact Report

Equity Group Foundation (EGF) is transforming lives through Education, Enterprise, Agriculture, Environment, Health and Social Protection Africa. Through six thematic pillars the foundation works with like-minded partners to achieve its objectives. See how this Foundation is impacting livelihoods. https://youtu.be/j89ky8mHHlQ

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HSNP - Hunger Safety Net Programme

Feeding Refugees

Abdi Rahman’s Baraka Multi Shop has become an oasis for the people of Kakuma. Abdi doubles up as an Equity Agent with 2 shops, one in Kakuma and the other in Kaloboyei. #WorldRefugeeDay Watch the feature https://www.youtube.com/watch?v=cLm5z3qF6dk

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David Okinyi

Business Owner

David Okinyi, 23, is from Migori, Kenya. He started with Equity Group Foundation’s programs at 18 years old in the `Wings to Fly’ Program with MasterCard Foundation. David graduated on 6th May 2019 with a BSc in Economics and a B.A in Business (Global Politics) and will pursue his Master’s in Finance at Arizona State University,USA.  

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Wayne Gakuo

Software Engineer

Wayne, from Mombasa, Kenya, joined the Wings to Fly program at 16. His father passed away in 2010, leaving his family in financial difficulty. “My greatest challenge was overcoming the fear of failure.” he said. Now with a Bachelor’s Degree in Computer Science from Ashesi University, he seeks to empower other Kenyan youth with Software Development skills.

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Our partners

The Equity Group Foundation is a catalyst that drives long-term partnerships to create shared value for our communities.

“In partnership with the Kenya Forest Service, EGF’s Food and Agriculture pillar offers loans to small scale farmers with 30% forest activities as part of their work.”

“Working with EGF’s Food and Agriculture pillar, the International Food Policy Research Institute (IFPRI) provides research-based policy solutions to sustainably reduce poverty and end hunger and malnutrition by supporting farmers with training and loans.”

“SlovakAid is working with EGF’s Food and Agriculture pillar to support small-scale farming and growing family-farm businesses financially as they transition to Agribusiness.”

“Imani Development is working with EGF’s Food and Agriculture pillar to support small-scale farming and growing family-farm businesses financially as they transition to Agribusiness.”

“Self Help Africa is working with EGF’s Food and Agriculture pillar to support small-scale farming and growing family-farm businesses financially as they transition to Agribusiness.”

“The AgriFI Challenge Fund is an initiative by the European Union to support Small and Medium-Sized Agri-Enterprises/Companies with business models that integrate smallholder farmers/pastoralists into their value chains, working with EGF’s Food and Agriculture pillar.”