About one million vulnerable Kenyans are expected to receive social protection funds amounting to Kshs. 8,737,560,000, by Monday November 18.
The money, channeled through the Ministry of Labour and Social Protection will be paid out to 1,092,195 cash transfer beneficiaries, with each of the beneficiaries receiving Sh8,000 to cover the two payment cycles of July/August and September /October 2019.
Social Protection Principal Secretary Nelson Marwa has said the beneficiaries or caregivers can access the payment at any time over the next six months.
“In the new payment model, beneficiaries and caregivers can access their funds within six months after the money is credited to their accounts. We have cleaned up the payroll and are sure that only genuine members are benefiting under the scheme,” said Mr. Marwa.
Those to benefit are beneficiaries who successfully opened bank accounts for the three programmes under the Consolidated Cash Transfer Programme (CCTP) by October 15th 2019.
Under the programme, beneficiary is allowed to either withdraw all or a portion of this amount.
They will receive their payments through listed Payment Service Providers including Co-operative Bank, Equity Bank Ltd, Kenya Commercial Bank and Post Bank.
Beneficiary or caregivers will producing their Inua Jamii payment cards and Identity card to receive the payments. But those going for payment for the first time must transact biometrically.
Marwa said the new system will ensure that only genuine beneficiaries receive the cash and that it will weed out any bogus people.
“The new system is expected to be efficient to enable beneficiaries of the programme to receive their stipend through bank accounts only,” he said.