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Over 1 Million Cash Transfer Beneficiaries to Receive Monthly Stipends

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Nyakundi Report

Newsroom 2 min read

This archive report was first published on 30 June 2019.

On June 30th, 2019, the Kenyan government announced plans to disburse Ksh 8.56 billion to over 1 million cash transfer beneficiaries.

According to Labour and Social Protection Cabinet Secretary Ukur Yatani, each of the 1,070,238 beneficiaries will receive Ksh 8,000 in monthly stipends.

The money will cover four months for all the beneficiaries enrolled in the three programmes under the Consolidated Cash Transfer Programme (CCTP).

The payment will be wired directly to the bank accounts of beneficiaries, with beneficiaries and caregivers able to access the payment at their own convenience over the next six months.

Under a new payment model, beneficiaries can access funds at their own convenience anywhere in the country, without a fixed timeline for accessing payment.

287,278 beneficiaries will benefit under the orphans and vulnerable children cash transfer programme, while 753,376 older persons will be covered.

A total of 29,584 persons with severe disabilities under the programme will be covered.

The payment will be done by the four contracted banks – Co-operative Bank, Equity Bank, Kenya Commercial Bank and Post Bank.

Beneficiaries can identify themselves using either Inua Jamii payment card or National identity cards.

Only those beneficiaries or caregivers who had opened their accounts with banks of their choice between November 26th, 2018 and May 18th, 2019 will benefit from the latest payments.

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