Enwealth Financial Services, a leader in promoting financial wellness, has awarded scholarships to 40 bright and needy students to support their secondary school education.
Through its Corporate Social Investment arm, Enwealth Foundation, the financial services firm has allocated Sh2 million for 2025, with each student receiving up to Sh50,000 annually.
This highlights the company’s focus on supporting the education of young men and women.
The programme is part of Enwealth Foundation’s mission to uplift communities through education. Over the years, the foundation has supported more than 400 students, the majority of whom have transitioned to universities and are now contributing to Kenya’s workforce.
Since its inception, the Enwealth Foundation has disbursed over Sh60 million towards this cause, ensuring that financial constraints do not hinder academic excellence.
Speaking at the award ceremony, Ken Monyoncho, Director of Enwealth Financial Services, emphasised the company’s dedication to shaping a financially stable future for young people.
“At Enwealth, we believe that education is the foundation for a brighter, more secure financial future. By supporting bright and needy students, we are not just paying school fees but investing in future leaders who will drive economic growth and community development,” Mr Monyoncho stated.
The scholarship programme is one of the core initiatives of Enwealth Foundation, which also focuses on housing, healthcare, and missions and outreach.
Through its housing pillar, the foundation provides dignified living conditions by constructing new homes and renovating existing ones for vulnerable individuals.
The healthcare pillar supports the elderly and those in need, ensuring they receive essential medical care for a healthier life. The Missions and Outreach pillar, rooted in the company’s Christian values, funds evangelism ministries to strengthen and spiritually uplift communities.
Established in 2022, Enwealth Foundation aims to support sustainable development through initiatives such as funding healthcare for the elderly, providing education for bright but needy students, and promoting wealth creation.
Before its formal launch, it operated as the Enwealth Fanisi Programme, which has already disbursed over Sh60 million, benefiting at least 400 students with a 90% transition rate to university.
