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Whats New @ KWFT
Kenya Women Finance Trust Launches The Afya Card
|  Kenya Women Finance Trust (KWFT) in collaboration with other like minded development partners from the private and public sector has launched a medical cover for its clientele that comprise a majority of women entrepreneurs in small medium enterprises.
This is a first 3 in 1 cover of its kind in the micro sector that takes care of, inpatient, personal accident and last respect as most covers are awarded to those on formal employment. With a mere ten shillings per day, KWFT clients can get the annual cover for the entire family. Already 4, 227 clients and their families are currently covered and KWFT plans to increase the numbers of families covered to 60,000 by the end of the year. This is a countrywide medical scheme offered through KWFT 123 field offices.
Speaking at the launch, Dr. Jennifer Riria, KWFT CEO said, "This is a milestone for KWFT as we do not only serve our clients through access to finance but also pay great attention to credit plus services that empower and address other family concerns in their daily lives. The KWFT Afya card is a unique cover that offers practical and affordable solution to KWFT clients and their families. KWFT cares for the health of its clients for healthy businesses and has the infrastructure and capacity to reach majority of families' access affordable healthcare in the country".
 Speaking at the same launch, the Minister for Medical Services Hon. Prof. Peter Anyang Nyongo who graced the launch as the guest of honour commended KWFT for the initiative, "I take this opportunity to express my sincere gratitude to KWFT for complementing government efforts in provision of affordable nationwide health care in line with vision 2030. A medical cover for SME's has been long over due and l commend KWFT for being the first to launch one".
KWFT is the largest national micro-finance institution with an aim of accessing sustainable financial and non- financial services to economically active, low income women entrepreneurs. It is for this reason that all products and activities are designed for women entrepreneurs to improve their social and economic status and those of their families. KWFT serves women in both urban and rural areas through its National network of 121 offices.
For further press information kindly email; cgitahi@kwft.org
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Kenya Women Finance Trust Launches Business Club
|  29th May 2008... Kenya Women Finance Trust (KWFT) has launched a business club that will see business women with SME's network and share experiences on business growth countrywide.
The club was launched during training for women entrepreneurs invited from all over the country. The forum's objective was networking women to assist them grow their businesses.
"We wanted to connect women in business at this forum and elsewhere while tackling the misconception that businesses run by women stagnate. This business club is open membership to any woman entrepreneur at whatever level. We also hope they find the added value that they can derive from KWFT" said Dr. Jennifer Riria, KWFT CEO.
 The KWFT Business Club will operate like any other investment club with quarterly meetings. So far, the club has 28 members drawn from all the 9 regions where KWFT operates and the firm looks forward to an increased membership of over a thousand by September this year. The next meeting slated for September will deliberate on activities that club members will be participating and engaged in that will form a calendar.
The women entrepreneurs were orientated on how to assess the current strengths, weaknesses, opportunities and threats to their business, how well it's equipped to handle them, before moving to the next stage of building a strategy for growth.
"A strategy will help anyone in business prepare a realistic vision for the future of their business and in doing so can maximize one's business' potential for growth. We also are very keen in assisting all our clients, especially those in growth businesses to prepare influential business plans and define the steps necessary to achieve them. We want women entrepreneurs to know that once they've  reviewed progress and identified the key growth areas that they want to target. It's time to revisit a business plan and make it a road map to the next stages for their business", Dr. Riria observed.
Josephine Gathoni who runs a diagnostic laboratory and who participated in the forum was particularly inspired by the training and hoped that KWFT will arise and train SME's since it has been very expensive for SME's to undertake training for their staff. "Very few of us can afford these trainings and group meetings have no learning's and experiences", she said.
"It is apparent that entrepreneurs are looking for a real partner who will recognize and support entrepreneurship spirit and that entrepreneurship spirit does not necessarily mean to access funds only. They want mentorship, life lines that they can contact when stuck in business, and KWFT is here to serve them", notes Dr. Riria.
 KWFT is the largest national micro-finance institution with an aim of accessing sustainable financial and non- financial services to economically active, low income women entrepreneurs. It is for this reason that all products and activities are designed for women entrepreneurs to improve their social and economic status and those of their families. KWFT serves women in both urban and rural areas through its National network of 121 offices.
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For further information kindly email; cgitahi@kwft.org
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KWFT Afya Card
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A three-in-one insurance policy that brings together:
NHIF's capacity to provide low cost family cover
CIC's professional expertise in servicing micro clients
KWFT's ability to reach an established group of members requiring such a service.
A micro-insurance policy that covers the KWFT member and her whole family:
Against hospital inpatient costs,
Pays her a weekly allowance for accident related admissions to enable her meet business obligations,
Pays her a lump sum amount incase such admission leads to permanent disability such that she can diversify her business activity or engage replacement staff,
Pays her family money to cover funeral expenses incase of death, with an additional lump sum amount also paid to the family incase the death was due to an accident.
Benefits
Part 1 - A Comprehensive Medical Cover for the whole family
Ensures there are no deposits required at admission
Pays Maternity costs for Normal & Caesarean Births
Pays all doctors fees
Pays bed charges including food
Pays for X-ray and laboratory costs
Pays for all prescribed drugs and dressing
Pays *Theatre fees and surgical charges
Pays ICU charges
Pays for treatment of chronic and pre-existing medical conditions
Cover caters for 180 days admission.
* The client pays the first Kshs. 15,000/= for surgery cases
Part 2 - A Personal Accident on the KWFT member
Pays Kshs. 2,000/= per week that the KWFT member is admitted in hospital as a result of an accident, up to 6 months. (A minimum of 3 days admission constitutes a week in this case)
Pays Kshs. 100,000/= in case the KWFT member becomes permanently disabled as a result of an accident.
Pays Kshs. 100,000/= in case the KWFT member dies as a result of an accident
This benefit is exclusive to the KWFT member alone in the family
Part 3 - A Last Respects Benefit on the KWFT member
Pays the family Kshs. 30,000 if death occurs to the KWFT member. This payment is made within 48 hours from moment claim is made as it is meant to be for catering for funeral expenses. Payment is made whatever the cause of death.
This benefit can be extended to cover other family members on payment of additional fees as follows:
HOSPITAL SERVICE PROVIDERS
The inpatient services are accessed from a list of hospitals that is spread out through the country.
The hospitals are mainly mission hospitals, with a few low cost private hospitals and some government hospitals.
All the hospitals in the list offer quality services for all basic treatment procedures
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