President William Ruto has announced the rollout of the second phase of the government’s Nyota Programme business support component, in which select Kenyans are set to receive Ksh25,000.
The announcement comes as preparations intensify for the nationwide disbursement scheduled for Friday.
“With the launch of the KSh3 billion second tranche of the business support component for the 122,000 beneficiaries, each beneficiary will receive KSh25,000. In addition to a similar amount they had received earlier in the year, each beneficiary will have received a total of KSh50,000,”read the notice.
Ruto Announces Second NYOTA Tranche Payment
According to the President Ruto, the second phase of the Nyota Programme is valued at KSh3 billion and will be distributed to 122,000 beneficiaries drawn from all 47 counties. Each beneficiary will receive KSh25,000 in this round of funding.
Also Read: NYOTA Explains How Youth Can Earn Up to Ksh3,000 Saving Bonus
The second payment follows an earlier disbursement made earlier in the January, meaning that each beneficiary will have received a total of KSh50,000 under the programme.
Ruto has confirmed that the disbursement will be carried out simultaneously across 18 designated venues nationwide.
Before receiving funding, all 122,000 beneficiaries underwent a structured business development training programme designed to strengthen their entrepreneurial capacity.
“Already, the beneficiaries have undergone a business development skills programme. On Friday, the launch will take place in 18 venues across the country, bringing together all the beneficiaries from the 47 counties,” read the statement.
Automatic Savings From NYOTA Benefits
Beneficiaries who qualify for the Business Support Programme receive KSh25,000 in two tranches to support their enterprises.
From each tranche, KSh3,000 is automatically deposited into the beneficiary’s NSSF Haba Haba savings wallet.
Those enrolled in the On-the-Job Experience Programme receive a monthly stipend of KSh6,000 for six months.
From each monthly payment, KSh720 is automatically credited to the beneficiary’s NSSF Haba Haba savings account, allowing participants to earn income while building their savings.
How Savings Are Managed
According to NYOTA, beneficiaries’ savings are split into two categories:
- 30 percent Short-Term Savings, accessible one year after saving begins.
- 70 percent Long-Term Savings, where half becomes available after five years, while the remaining balance is preserved to support future life goals.
The programme said this structure is intended to encourage long-term financial planning while still allowing beneficiaries access to part of their savings.
Beyond the automatic deductions, beneficiaries are encouraged to make additional voluntary contributions to grow their savings faster.
Also Read: NYOTA to Pay Selected Youths Ksh3,000 Each: Who Qualifies
Participants can top up their NSSF Haba Haba savings wallet at any time, with contributions starting from as little as KSh25 per day, KSh175 per week or KSh400 per month.
The programme said regular saving not only increases personal savings but also helps beneficiaries qualify for the matching contribution.
Beneficiaries can conveniently monitor and manage their savings through the *NSSF USSD code 254# or the NSSF Haba Haba digital wallet.
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Am hamble to request please may you assist me now
Please Mr president consider increasing bridge limit and also Hustler fund, it’s almost 2 years no loan limit