Namibia Youth Credit Scheme Presentation

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EMPOWERING THE YOUTH, SECURING THE FUTURE
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INTRODUCTION
FEATURES OF THE PROGRAMME
DEVELOPMENT GOALS OF NYCS
COMPONENTS OF NYCS
OBJECTIVES
PROJECTED TERGET IN 5 YEARS
CURRENT ACHIEVEMENTS
PERCENTAGE OF ACHIEVEMENT OF THE
PROGRAMME
PERCENTAGE INDICATORS OF TARGET
PROGRAMME IMPLEMENTATION
RECOMMENDATIONS FOR MORE PERFORMANCE
SUCCESS OF YOUTH
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NYCS stands for Namibia Youth Credit Scheme
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It is a youth empowerment programme through
enterprise development

It targets on Youth from 18 to 35 years of age and
mostly committee out of school youth

Programme Duration --5 years
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The targeted beneficiaries are youth (18-35 years)
Operations through the group lending
methodology
Training in basic business management
Provision of credit.
Follow-up training, counseling and mentoring.
Access to other products after graduating from
the initial package

To increase the participation of the youth in the
country’s economic affairs.

To promote entrepreneurship among youth
through structured and integrated support.
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To increase access to business support services
(training, counseling, mentoring)
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To increase access to financial services among the
poor
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Loan Fund
Training (including mentoring)
Capacity building and coordination
Consultancies, Studies and Technical
Assistance
Monitoring and Evaluation
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To create 13,000 jobs
To provide basic business management skills to
5,000.
To establish 5,000 sustainable enterprises.
To build the capacity 200 village banks
To build the capacity of five youth support
organizations into Micro Finance Institutions.
To establish a revolving loan fund of N$
15,000,000 (+1,500,000.00)
To mobilize savings of N$ 10,000,000.
REGIONS
YOUTH TO BENEFIT
OSHANA
500
OSHIKOTO
500
OHANGWENA
860
OMUSATI
600
KUNENE
200
CAPRIVI
340
ERONGO
200
KHOMAS
400
OTJOZONJUPA
300
HARDAP
200
KARAS
150
KAVANGO
500
OMAHEKE
250
S/N
REGIONS
TARGETS
TRAINING
LOAN
BENEFICIARIES
1
CAPRIVI
340
220
210
2
ERONGO
200
300
203
3
HARDAP
200
166
128
4
KARAS
150
148
204
5
KAVANGO
500
222
250
6
KHOMAS
400
238
337
7
KUNENE
200
363
348
8
OHANGWENA
860
803
638
9
OTJOZONJUPA
300
246
232
10
OMAHEKE
250
285
285
11
OMUSATI
600
731
724
12
OSHANA
500
712
593
13
OSHIKOTO
500
505
495
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Loan fund: 48% (N$7,191,575.00 against
N$15,000,000)
Micro Enterprises: 75% (3750 against 5000)
Training on Basic Entrepreneur: 102% (5107
against 5000)
No of Loan Beneficiaries 89% (4498 against
5000)
Jobs created: 38% (5000 against 13000)
Village Banks: 90% 184 against 200
We are at 81% Percent repayment Rate
Default Rate is at 9%
Loan Delinquency is at 10%
120
100
80
current %
60
target %
40
20
0
Loan Fund
Training
enterprises
Loan Beneficiary
Jobs Created
V. Banks
Programme
Current
%
Target
%
Loan fund
7,191,575.00 (48%)
15,000,000 (100%)
Training
5107 (102%)
5000
(100%)
Loan beneficiaries
4498 (89%)
5000
(100%)
Enterprise created
3750 (75%)
5000
(100%)
Jobs Created
5000 (38%)
13000
(100%)
Village Banks
184 (92)
200
(100%)
PROGRESS REPORT OF PROGRAMME FROM 2005 TO 2011 MARCH
YEAR
2005
2006
2007
2008
2009
2010
2011
TRAINING
165
601
732
2235
2588
4020
5107
LOAN
BENEFICIARIES
131
461
669
1219
1515
3849
4498
LOAN FUND
60000 400000 75000
1005400
1383408
3510550
7191575
669
921
1145
2548
3750
984
2376
2745
4871
5000
ENTERPRISE
CREATED
JOB CREATED
131
500
300
250
200
150
100
50
0
2011
2010
2009
2008
PROGRESS REPORT OF PROGRAMME FROM 2008 TO 2011 MARCH
120
TRAININ
100
LOAN B
80
60
LOAN FUND
40
ENTREPRISE
CREATED
20
JOBS
0
2008
2009
2010
2011
CREATED
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THE PROGRAMME IS BEEN IMPLEMENTED IN
THE 13 REGIONS
MORE YOUTH ARE ENCOURAGE TO BE PART
OF THE PROGRAMME
YOUTH ARE MOVING FROM MICRO
BUSINESSES TO SME BUSINESSES
MOST YOUTH ARE NOW BANKABLE
THERE IS AN INCREASE IN THE DRIVE OF THE
NYCS
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INCREASE OF INFORMTION DISSEMINIATION TO THE
RURAL YOUTH THROUGH THE IMPLEMENTING AGENCIES
FULL INVOLVMENT OF THE YOUTH OFFICERS ON
MONITORING AND TRAINING
SPECIAL YOUTH PROJECT BE CONSIDERED FOR YOUTH
ENTREPRENEUR DEVELOPMENT
CREATING MORE SCA’S OR YOUTH GROUP TO ACHIEVE
SUSTAINABLE PROJECT
LOAN FUND SHOULD BE INCREASE AND FULLY
MONITORED
MORE PEOPLE SHOULD BE TRAINED
OSHANA
OSHANA
Beneficiary in Grocesary
Youth in Furniture work
ESTHER IN EEHENANA
ESTHER IN ERONGO
THANK
YOU
NYCS (Ministry of Youth)
7TH Floor City Centre Building
Windhoek.
Tel: 264 61 225327
Fax:264 61 225311
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