EMPOWERING THE YOUTH, SECURING THE FUTURE • • • • • • • • • • • • 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 NYCS stands for Namibia Youth Credit Scheme 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 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. To increase access to business support services (training, counseling, mentoring) To increase access to financial services among the poor Loan Fund Training (including mentoring) Capacity building and coordination Consultancies, Studies and Technical Assistance Monitoring and Evaluation 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 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 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 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