The Impact for Northern Kenya (INK) Fund, financed by USAID Kuza, has significantly impacted over 12,000 micro, small, and medium-sized enterprises (MSMEs) in the region. This $43 million fund, launched in 2021, aims to drive economic growth and empower underserved populations in northern Kenya’s counties. It has also been pivotal in creating over 25,000 direct jobs, contributing to the region’s economic resilience.
USAID Resilience Coordinator Jennifer Maurer highlighted the fund’s transformative role in empowering women entrepreneurs. By providing essential financial resources and support, the INK Fund has fostered resilience and hope, particularly among women-led businesses in sectors such as agriculture, livestock, and trade. Maurer emphasized that these achievements represent more than just statistics—they embody life-changing experiences and entrepreneurial spirit from Isiolo, Marsabit, Samburu, and beyond.
The INK Fund’s focus on environmental sustainability has been a key driver in its success. By investing in enterprises that promote renewable energy, climate-smart agriculture, and waste management, the fund is addressing climate change impacts, generating employment, and building a more resilient community in northern Kenya. This strategic approach supports sustainable development and aligns with global environmental goals.
At the recent Unveiling Opportunities conference, discussions centered on innovative methods to enhance productivity and sustainability in the region. Topics included advanced livestock breeding techniques and integrating gender perspectives into agricultural development. The conference aimed to foster synergy among investors, local entrepreneurs, government officials, and development partners to drive inclusive and sustainable investment in the often-overlooked northern Kenya region.
This conference marks the third in a series of USAID Kuza’s efforts to decentralize investment opportunities, bringing focused attention and resources to specific counties. The initiative seeks to create a robust investment environment by combining diverse expertise and ideas, ultimately contributing to the region’s growth and development.
The success of the INK Fund underscores the potential of targeted investments in underserved regions and highlights the importance of supporting local businesses and sustainable practices to drive meaningful change.