•In March 2020, Fusion Capital invested Sh2 million into Optiven Foundation to boost the number of students supported by the scholarship programme.
•Fusion Capital donated Sh1 million in October last year towards the same programme.
Fusion Capital Limited has increased its contribution by Sh1 million to Optiven Foundation through the Soaring Eagles Scholarship programme.
The money will benefit students across the 47 counties.
Fusion is a private equity firm focused on real estate investment and fund management based in East Africa that was founded in 2006.
Optiven Foundation chairman and trustee George Wachiuri received the cheque from Fusion Capital CEO Daniel Kamau.
“We advocate 100 per cent transition from primary to secondary schools. This year marks 19 years since the free primary education was introduced but we still have about 1.6 million students out of school,” Kamau said.
He said their support for Optiven Foundation plays a role in ensuring the 600,000 pupils are not stuck at home for lack of basics and ensure they make it to high school.
He appreciated the role that Optiven Foundation has been playing in changing the lives of students.
“We believe in this mission. It for sure takes a community to educate a child. We believe in being responsible members of the communities in which we invest,” he said.
Wachiuri said at a minimum, beneficiaries should have scored 350 marks and come from backgrounds that are unable to fund their secondary school education.
“Optiven Foundation does not discriminate the beneficiaries based on where they come from but are advised by the performance, need and attitude of the student towards achieving education,” he said.
Wachiuri said the education pillar has received a lot of attention from key stakeholders and the support needs can however not be matched as they are massive.
“We are continuously receiving requests to support students to access their secondary education across the board but are limited in terms of resources,” he said.
“This is why we remain grateful to the different stakeholders that have been deliberate to partner with us to make a transformational difference in our society.”
Wachiuri said Optiven Foundation is working towards the achievement of the United Nations’ Sustainable Development Goals (4) which seeks to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
In March 2020, Fusion Capital invested Sh2 million into Optiven Foundation to boost the number of students supported by the foundation’s scholarship programme.
Fusion Capital donated Sh1 million in October last year towards the same programme.
Edited by Kiilu Damaris