Equity Group's Wings To Fly Scholarship Attracts 56,000 Applications For 2024

• The Wings to Fly scholarship programme attracted over 56,000 applicants across the country
• One thousand applicants were selected for the 2024 cohort on a fully funded secondary school education
• The scholarship also caters for the student's transport to and from the school, pocket money, and other education costs

Elijah Ntongai, a journalist at TUKO.co.ke, has more than three years of financial, business, and technology research expertise, providing insights into Kenyan and global economic trends.

Equity Group commissioned the 'Wings to Fly' scholarship programme for 2024, which attracted over 56,000 applicants from needy families.

Out of the 56,000 applicants, only 1,000 students will be selected as beneficiaries of the full scholarships for secondary school education.

Applications for Wings to Fly

The Wings to Fly scholarship program, a collaborative initiative between the Equity Group and Mastercard Foundation (MCF), was created to provide educational support for outstanding students needing financial support to go through their secondary school education.

"This program is about giving you a chance to change your circumstances to change your life; everything you talked of as a challenge, we are leaving it behind because this is a comprehensive integrated program that takes care of all your needs as a student," said James Mwangi, the CEO Equity Group.

Speaking during the commissioning ceremony, Mwangi told the student selected for the 2024 cohort that the company will take care of all their financial needs, and all they have to do is concentrate on achieving their dreams for a better future.

The CEO further advised the students to adhere to the three principles they agreed upon joining the program.

"It will be unfortunate four years later to come back and realize you never used the wings to transform yourself, you will have lost that golden opportunity of becoming who you could ever be

Every dream held by each of you is valid but it will require the discipline, the self-lead, the self-empowerment and of course, the process of learning and getting educated," added Mwangi.

Equity Bank Kenya tops global rankings for climate financing

In other related news, Equity Bank Kenya was ranked top among 258 banks that were ranked in the 2023 Climate Assessment for Financial Institutions (CAFI) Awards for Climate Reporting.

Equity Bank Kenya has disbursed a substantial KSh 24.7 billion in climate finance through its partnership with IFC, benefiting over 47,000 households and businesses.

The bank assisted 47,593 households and businesses in implementing adaptive and mitigating measures to tackle the adverse effects of climate change, which yielded a commendable annual reduction of 39,917.4 tons of CO2eq.