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EMPOWERING THE YOUTH, SECURING THE FUTURE

EMPOWERING THE YOUTH, SECURING THE FUTURE. OVER VIEW. 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

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EMPOWERING THE YOUTH, SECURING THE FUTURE

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  1. EMPOWERING THE YOUTH, SECURING THE FUTURE

  2. OVER VIEW • 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

  3. Introduction • 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

  4. Features of the programme • 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

  5. Development Goals of NYSC • 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

  6. Components of NYSC • Loan Fund • Training (including mentoring) • Capacity building and coordination • Consultancies, Studies and Technical Assistance • Monitoring and Evaluation

  7. Objectives of NYSC • 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.

  8. Projected Training by region (5 years)

  9. CURRENT ACHIEVEMENT

  10. Percentage Achievement of the Programme • 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%

  11. PERCENTAGE INDICATORS OF TARGET

  12. PROGRAMME IMPLEMENTATION • 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

  13. RECOMMENDATIONS • 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

  14. Supporting our youth(adding value to natural resource base)

  15. Hair dressing saloon in Eehnana

  16. Supporting our youth(adding value to natural resource base)

  17. YOUTH IN PRINTING JOB

  18. BENEFICIARY ON STEEL WORK

  19. BENEFICIARY ON FURNITURE WORK

  20. HAIR DRESSING

  21. BENEFICIARY IN TAILORING

  22. BENEFICIARY BAKING BREADS

  23. PROGRESS REPORT OSHANA OSHANA

  24. Erongo Beneficiaries Beneficiary in Grocesary Youth in Furniture work

  25. YOUTH BENEFICIARIES ESTHER IN EEHENANA ESTHER IN ERONGO

  26. THANK YOU NYCS (Ministry of Youth) 7TH Floor City Centre Building Windhoek. Tel: 264 61 225327 Fax:264 61 225311

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