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The President spoke Friday during the Joyful Women Organization (JOYWO) thanksgiving celebrations at Eldoret sports club grounds.
He asked the NHIF and National Social Security Fund (NSSF) to devolve their services to the rural areas and work with organized groups to enable them access medical cover and security in old age through a check off system.
“Majority of Kenyans are in informal employment in the rural areas and should also be facilitated to enjoy NHIF and NSSF cover,” the President said.
President Kenyatta also asked parliament to move fast and complete formulating regulations governing the Ksh6 billion Uwezo Fund to enable women and youth access the funds.
“Uwezo Fund started six months ago, is modelled in the table banking concept. I request MPs to fast-track the programme so that Kenyans can benefit,” the President said.
President Kenyatta said his Government was alive to the critical need to release the vast economic potential lying untapped by empowering women to fully participate in economic activities.
He commended JOYWO for starting a model that can be replicated by other womenfolk countrywide for successful financial management, mobilization and corporate governance to boost economic growth.
“To have a membership of over 100,000 women and operational and growing revolving fund of over Ksh450 million has been a truly impressive and inspiring achievement,” he added.
“Government will encourage other women in the country to organize themselves like the Joyful Women Organization to start and benefit from the table banking concept,” the President said.
President Kenyatta urged leaders to embrace politics of development for the country to move forward and achieve its transformative agenda.
He said Vision 2030 is achievable even in 2020 if Kenyans put more efforts in their endeavours and leaders stopped the politics-for-ever way of life.
“After elections, leaders should do what they were elected to do in fulfilment of their pledges,” the President said.
President Kenyatta disclosed that the Government will provide 30 greenhouses to Joyful Women Organization for the benefit of its members.
Deputy President William Ruto said the table banking concept enabled women to be organized, access credit without collateral and earn dividends from the declared profits.
JOYWO patron Rachael Ruto said her organization started in 2009 and has a membership of 1,975 women who use the table banking concept to save and engage in various activities including farming, poultry keeping and have registered limited companies.
“The organization has a revolving fund of Ksh425 million. All profits from the organization are paid to the women and not retained in the organization,” she said.
The organization will pay dividends to members in January next year totaling Ksh. 100 million and the woman with the highest dividend will take home Ksh. 216,000, she said.
Mrs Ruto cited the special relationship the organization has with the NSSF saying through the organization they contribute Ksh160 to the fund’s medical cover and also save for retirement.
Those who attended were Deputy Majority leader in parliament Naomi Shabaan who as minister for special programmes supported the women group, Senators, Governors and members of parliament.