Children of the Kingdom’s main program through the years has been to support students with school fees in their education from primary school through college. Children of the Kingdom also implemented a supplemental family support program many years ago to come alongside families who were struggling with food insecurity and whose daily income was below $1 a day. Last year, the Kenyan staff and board sought guidance for the future of the family support program as they did not want to just be giving handouts but wanted to support and empower families in more sustainable ways. One of our board members in Lodwar (Jane Apetet) works for an organization called Joyful Women (JOYWO) headed by the First Lady of Kenya which leads trainings all over the country on the benefits of table banking, teaching people to save and borrow money to support one another to become economically sustainable. She introduced this model to Children of the Kingdom in the past year. Using our family support funds, Children of the Kingdom now has implemented two table banking groups with 54 members (5 men and 49 women) who meet monthly pooling their savings and then lending to one another based on agreed terms. They are finding this to be quite a successful model. Since September, the total for the savings from the groups is 225,160ksh (roughly $1720). At the end of the year, all members will qualify for dividends depending on the individual’s savings. Why Table Banking?
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