IJSRP, Volume 8, Issue 9, September 2018 Edition [ISSN 2250-3153]
Nduati Peter Kamau, Dr. Mugambi Mercy M
The Kenyan Government has committed huge financial resources to youth development projects through the Uwezo fund. Despite establishment of Uwezo fund, Kenyan youths are not utilizing the funds as projected by the government. A report by District Youth Officer in Thika indicates that twenty eight youth groups have taken up Uwezo fund amounting to Kshs 1,560,000 as at 31st December 2016. The total amount repaid as at 30th June 2017 was Kshs 631,890, translating to 40.71 % repayment rate. Only 18.5% of the youth groups have fully settled their loan, 81.5% of the youth groups have not yet fully settled their loan with 40.7% of the youth groups failing to pay any amount on the loan. High default rate and low repayment rate indicates that Youth projects are not running well in Thika.