MOU Between JFC Munene Colleges and Rafiki Microfinance Bank: A New Era of Opportunity! 

We are proud to announce the official signing of a Memorandum of Understanding (MoU) between JFC Munene Colleges and Rafiki Microfinance Bank. This strategic partnership represents an exciting commitment to empower our students, faculty, and the wider community by bridging the gap between education and accessible financial services.

The signing ceremony was graced by Mr. Joseph Njuguna, CEO of Rafiki Microfinance Bank, along with his dedicated team, who joined our esteemed Directors, Madam Cecilia Ochol and Mr. Epaphras Ndei, in celebrating this momentous occasion. Both parties expressed their enthusiasm for this alliance, which is designed to foster growth, independence, and sustainable success for the future leaders and professionals emerging from JFC Munene Colleges.

Key Goals of the Partnership:

1. Financial Support Programs for Students: Through this MoU, Rafiki Microfinance Bank will work closely with JFC Munene Colleges to develop tailored financial solutions, including accessible education loans and savings schemes. This initiative aims to ensure that no student is left behind due to financial constraints, creating a pathway for more students to pursue their academic and career goals.
2. Financial Literacy Workshops and Training: As part of the collaboration, Rafiki Microfinance Bank will offer regular financial literacy workshops on topics such as budgeting, saving, investing, and managing student loans. These skills are essential for students, not only for managing their finances during their studies but also for preparing them to enter the workforce with a solid foundation in financial management.
3. Internship and Career Development Opportunities: The partnership will open doors for students to gain real-world experience through internships and mentoring programs at Rafiki Microfinance Bank. These opportunities will allow students to gain hands-on knowledge in finance and banking, better preparing them for career success.
4. Community Development Initiatives: Both JFC Munene Colleges and Rafiki Microfinance Bank are dedicated to uplifting the communities they serve. Together, they plan to launch community-based projects focused on financial inclusion, health awareness, and economic empowerment, reflecting their shared commitment to making a positive social impact.

The Vision Moving Forward:

This MoU is more than just a partnership; it is a pledge to invest in the future of our students and communities. By integrating financial resources with educational programs, JFC Munene Colleges and Rafiki Microfinance Bank are paving the way for a generation that is not only academically equipped but also financially empowered.

We are excited about the possibilities this partnership will bring and are committed to working closely with Rafiki Microfinance Bank to maximize the benefits for our students and their families. Together, we are shaping a brighter future, one filled with opportunities and support for every learner.