By Faith Anene and Eugene Kidagasia, Vihiga
The national government has emphasized the urgent need for Kenyans to repay loans borrowed through government-funded initiatives, warning that defaults threaten the sustainability of these programs for future beneficiaries.
Speaking in Vihiga during the launch of the Lomosi Foundation, Cabinet Secretary for Cooperatives and MSMEs, Wycliffe Oparanya, underscored the importance of financial discipline among borrowers. He described loan repayment as both a legal and moral obligation that ensures equitable access to funding opportunities.
“When you borrow money, it’s your responsibility to invest wisely, generate profits, and faithfully repay your debt. This is crucial for maintaining these initiatives for the benefit of others,” Oparanya stated.
The government is currently owed Sh18.4 billion in unpaid loans disbursed through three major revolving funds: the Hustler Fund, Uwezo Fund, and Women Enterprise Development Fund. The data, released in November 2024, highlights the strain these defaults have placed on the government’s ability to support new applicants.
The funds are central to the government’s agenda to empower vulnerable groups and small businesses. Oparanya called for a heightened campaign to educate Kenyans on the need for timely loan repayments.
“Loan defaults hinder the government’s ability to extend similar services to others. As a government, we are committed to offering financial assistance to eligible Kenyans to help them grow economically and, in turn, strengthen our national economy,” he said.
Oparanya, appointed as part of President William Ruto’s broad-based government, urged residents to back the president’s development agenda. He also highlighted the importance of local partnerships to bolster community initiatives.
Vihiga Senator Godfrey Osotsi, also in attendance, encouraged professionals to contribute to societal growth by supporting community-driven projects. Osotsi, the newly appointed deputy party leader of ODM, used the platform to rally regional support for the party, emphasizing its commitment to collaborating with the government for the benefit of the people.
“Recently, I was appointed deputy party leader of ODM. I urge you to support us as we work alongside the current government to address the needs of Kenyans,” said Osotsi.
The event also celebrated the launch of the Lomosi Foundation, a community-focused initiative addressing health, economic empowerment, climate change, and education.
Foundation Chairperson Andrew Lomosi called on the community to embrace government programs and join efforts to eradicate poverty in rural areas like Vihiga.
“We aim to uplift the lives of Kenyans in Vihiga and beyond by addressing key challenges in health, education, and economic empowerment,” Lomosi said.
On Saturday, the Foundation was launched at Stanley Godia Secondary Givogi.
During the medical camp at the school a total of 481 residents were attended to.
Of this 62, had dental issues, while in mental screening 303 were attended to, out of which 15 had referral and for follow up recommendations.
In the cancer section 20 residents were screened with one positive case.
There was also breast examination for 23 residents and 70 for the eyes.
There was and emergency referral to Vihiga County Referral Hospital as it was critical with several groups undergoing training from selected government agencies financial literacy and available investment opportunities by in the Micro, Small and Medium Enterprises.
MSEA Director of Infrastructure and Technology, Eng. Edward Karani, led MSEA Vihiga team in an MSE sensitization program during the event. Two notable groups, Manyatta Agro Processing and Hamisi Association, showcased their diverse business ventures in agribusiness and manufacturing.
