This year, the Cooperative Bank Foundation has granted over 655 full secondary education scholarships, pushing the number of beneficiaries since its inception, in 2007, to more than 9,000.
In the 2020/2021 financial year, the lender spent more than Sh158 million on the education programme.
According to Co-op Bank Group managing director Gideon Muriuki, the scholarships are awarded on merit to gifted but needy students from all regions of Kenya.
“Co-operative Societies, who are the face of Kenya, identify well-performing students from disadvantaged backgrounds and bring these names into a regional forum where delegates debate and select the most deserving cases,” Muriuki says.
