The MasterCard Foundation and the Equity Group Foundation (EGF) today launched a program that will provide $4.6 million in comprehensive educational support to 676 secondary students in Kenya over the next five years. Reeta Roy, President and CEO of The MasterCard Foundation, and EGF Chairman Dr. James Mwangi announced the partnership at an event in Nairobi presided by Prime Minister Raila Odinga.
“All young people deserve an opportunity to reach their full potential,” said Roy. “The MasterCard Foundation is proud to partner with EGF to enable students in Kenya to complete secondary school. EGF has the national scale, reach and financial systems to ensure this program benefits young people.”
The program will provide comprehensive scholarships to 332 academically gifted yet financially disadvantaged students, enabling them to complete secondary school in Kenya. The program will also provide leadership development, career guidance and mentoring to an additional 344 secondary school students. EGF will identify an equal number of male and female primary school students to participate in the program.
“The collaboration with The MasterCard Foundation affirms our commitment to transforming the socioeconomic status of talented young people and developing the next generation of leaders in Kenya,” said Mwangi. “Our hope is
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