The Kakuma Kalobeyei Challenge Fund (KKCF) is a program of the International Finance Corporation (IFC), implemented with Africa Enterprise Challenge Fund, Turkana County Government, and UNHCR. The five-year program is designed to support private sector investment and unlock the economic potential of refugees and their hosts, in Kenya’s Turkana County.
The Kakuma Kalobeyei Challenge Fund aims to enable better economic integration and self-reliance of displaced populations and their host community.
The initiative’s overarching objectives are to:
Local Enterprise Development Window targets local enterprises currently present in Kakuma camp with technical assistance to build their capacity to absorb funding and later with a rolling competitive challenge fund. We will work with existing or new providers of financial and business development services (banks, microfinance institutions (MFIs), NGOs and others) to support the growth of the […]
KKCF Social Enterprise Window targets social enterprises currently present in Kakuma and those willing to set up businesses in Kakuma and Kalobeyei areas. Social enterprises can ease pressure on the overstretched humanitarian system and compliment people’s willingness to pay for education, for example, by engaging Kenyan and regional low-cost private school providers. We will also target enterprise models which […]
Private Sector Window targets companies currently present in Kakuma and those willing to set up businesses in Kakuma and Kalobeyei areas. The Private Sector Window will support established companies in implementing commercially viable and sustainable businesses that have the potential to raise incomes, provide goods and services, create jobs and/or improve living standards in both the […]