By Bob Aston
Youth unemployment has remained one
of the most daunting challenges in Kenya’s socio-economic development. Today,
unemployment in Kenya stands at 40%, and 70% of those unemployed are between
the ages of 15 and 35.
The problem is mainly attributed to
inadequate employment and livelihood opportunities in rural areas, hence
disillusioned youths migrate to urban centers to look for such opportunities.
Youths are particularly vulnerable to
economic problems. They often do not have access to savings account, credit or
insurance but in them also lies a large untapped opportunity that can help
address the high unemployment in the country.
Youth farmer tending to his crops |
Agribusiness has great opportunities
that can help millions of youths earn a decent living through farming. Youths
are viewed as the future of the agriculture sector and it is clear that they
are set to play an important role in ensuring that there is food security for
future generations.
The notion held by youths that
farming is old fashion and is done only by peasants has already started
changing as more youths are realizing that one can earn a decent living through
farming rather than looking for a white collar job which in most cases is
always elusive.
The perception still being held by
some youths that farmers have to dig using hoes and wearing overall is
misleading as most farmers are currently practicing modern farming methods.
Farming is increasingly becoming cool
as most youths are no longer averse to soiling their hands to earn a living
where their less creative contemporaries see no money.
Venturing into farming, particularly
horticulture can ensure that youths not only earn a decent living but they earn
more than their contemporaries who are doing white collar jobs.
Practicing agribusiness enables farmers
get good returns from their produce. This has ensured that some farmers earn
more than 10 times what they could have earned when employed.
According to the Kenya National
Bureau of Statistics (KNBS) 2013 Economic Survey, agriculture, which grew by
3.8 per cent, contributed 17.6 per cent of the Gross Domestic Product.
Lack of financial services as well as
access to land is among the key challenges that youths face when they want to
venture into farming. This has significantly contributed to lack of livelihood
opportunities among youths.
Financial access would go a long way
towards ensuring financial inclusion of youths but this has been a problem
mainly due to inability to comply with the high transaction costs, lack of the
required financial documentation, lack of collateral, inappropriate and
inaccessible financial products offered by financial institutions and poor
financial capabilities of the youth.
Youth farmer at his farm |
Need to increase the financial
capability of youths is of utmost importance as financial institutions rarely
treat them as “clients” but rather as “beneficiaries.”.
According to a report released by
World Bank in January 2014 titled Youth
Employment in Sub- Saharan Africa, eleven million youths are expected to enter Africa’s labour
market every year for the next decade. The report argues that scaling up
support to access opportunities when they arise is essential in empowering the
youth.
The Kenyan government is currently
providing various opportunities for youths to empower themselves. The Uwezo
Fund, a flagship
programme for vision 2030 aimed at enabling women, youth and persons with
disability access finances to promote businesses and enterprises is one way
that youths can use to access funds.
Another initiative conceived by the
government is the Youth Enterprise Development Fund which was formed with the sole
purpose of reducing unemployment among the youths. The Youth Enterprise Development Fund has also partnered with Amiran Kenya Ltd to support young farmers in acquiring a tailor made Amiran Farmers Kit
(AFK) designed specifically for the AgriVijana Loan.
Making agriculture attractive to
young farmers will go a long way in ensuring that more youths join farming.
Agriculture is currently one of the most lucrative businesses that someone can
engage in the Country.
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