Youth Fund Form PDF Details

Empowering the younger generation through financial support for enterprise development is a cornerstone of economic growth and innovation. The Youth Enterprise Development Fund Board Direct Funding application serves as a gateway for young entrepreneurs to access capital, crucial for turning their business ideas into reality. This detailed form covers various sections, including the purpose of the loan, the desired amount, and a comfortable repayment period, ensuring that applicants find a plan that aligns with their financial capabilities. It meticulously collects personal details of applicants, such as residence, marital status, educational background, and the dynamics of their household, including spouse and dependants. For businesses, it requires information on the business name, legal structure, directors, and operation details, alongside an assessment of the business's financial health through savings or current account history, credit history, and detailed business plans including profit and loss statements, and balance sheets. Additionally, the form delves into the personal and financial background of guarantors, ensuring they are suitable and capable of fulfilling their role. By requiring an extensive range of information, the form aims to comprehensively assess the applicant's viability for the loan, while also preparing them for the responsibilities it entails. This thorough approach is designed to facilitate the prudent allocation of funds, supporting youth in their entrepreneurial ventures while ensuring the sustainability of the funding initiative.

QuestionAnswer
Form NameYouth Fund Form
Form Length5 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min 15 sec
Other namesnational youth empowerment fund application form 2021, national youth empowerment fund application form, youth empowerment fund, national youth empowerment fund 2021 portal

Form Preview Example

YOUTH ENTERPRISE DEVELOPMENT FUND BOARD

DIRECT FUNDING

Region: ___________________ County: ________________________Constituency:_____________________

 

Purpose of Loan

 

 

Loan Amount

 

 

Repayment period

Affordable Instalment

 

 

 

 

 

 

 

 

 

 

months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PERSONAL DETAILS 1ST APPLICANT

 

 

 

 

 

 

 

 

 

 

Surname

Other Names

 

P.O. Box……………………………………..

Gender

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

M

 

 

 

 

 

 

 

 

 

Phone…………………………………………

F

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ID/PP Number:

 

 

Occupation:

 

 

 

 

Married Single

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PIN:

 

 

Highest Level of Education

 

 

 

 

 

 

 

Birth Date:

 

 

Number of Dependants:

 

 

 

 

 

 

 

Spouse Name

 

 

Spouse ID NO.

 

 

 

 

Phone

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residence:(draw map )

 

 

 

 

Name of Your Chief:

 

Nature of residence

 

 

Town/Estate:

 

District:

 

 

 

 

Rent

Own Other

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

Division:

 

Location:

Phone:

 

Duration at this residence

 

 

Sub-Location

 

Village:

Name of Assistant Chief:

 

If rented,

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Land Lord

 

 

 

 

 

 

 

 

Phone:

 

Phone:

 

 

 

Do you intend to relocate?

Yes No

Do your children attend school?

Yes No

 

 

If so, why?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number Attending Schools?

 

 

 

 

 

 

 

Any positions of leadership within the community

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PERSONAL DETAILS 2ND APPLICANT

 

 

 

 

 

 

 

 

 

 

 

Surname

Other Names

 

P.O. Box……………………………………..

Gender

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

M

 

 

 

 

 

 

 

 

 

Phone…………………………………………

F

 

 

 

ID/PP Number:

 

 

 

Occupation:

 

 

 

 

 

Married Single

Other

 

 

 

PIN:

 

 

 

 

 

 

 

 

 

 

 

 

Birth Date:

 

 

 

Highest Level of Education

 

 

 

 

 

 

 

 

 

 

 

 

Number of Dependants:

 

 

 

 

 

 

 

 

Spouse Name

 

 

 

Spouse ID NO.

 

 

Phone

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residence:(draw map )

 

 

 

 

Name of Your Chief:

 

 

Nature of residence

 

 

 

Town/Estate:

 

District:

 

 

 

 

 

Rent

Own Other

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

Division:

 

Location:

Phone:

 

 

Duration at this residence

 

 

 

Sub-Location

 

Village:

Name of Assistant Chief:

 

 

If rented,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Land Lord

 

 

 

 

 

 

 

 

Phone:

 

 

Phone:

 

 

 

 

Do you intend to relocate?

Yes No

Do your children attend school?

Yes No

 

 

 

If so, why?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number Attending Schools?

 

 

 

 

 

 

 

 

Any positions of leadership within the community

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BUSINESS DETAILS

 

 

 

 

 

 

 

 

 

 

 

 

 

Business Name:

Reg. No.......................................................

Licence No..................................................

Directors:

1.

2.

3.

Description of Business Activity/Products

No. of Years in Operation

Current Location (draw map):

 

Legal Structure of the Business( copy of

Premises

 

 

certificates/articles to be attached)

Rent

Address:

 

Sole Trader

Own

 

 

Partnership



Other

Telephone :

 

Limited

 

 

 

 

Other

 

 

Duration at this location?

 

Landlord Name:

 

 

 

 

Telephone Number :

 

 

Do you intend to relocate?

Yes No

Number of Paid Employees

 

 

If yes, why?

 

Full-time _______ Casual ________

 

 

 

 

 

 

 

 

Other Businesses owned by Applicant/ Spouse

Location of Businesses:

SAVINGS/CURRENT ACCOUNT HISTORY

Bank/Institution ___________________________ Account No:______________________Account Balance___________

Bank/Institution ______________________________ Account No:_________________________ Account Balance___________

(Please provide copies of 6 months certified statements)

REFERENCES: Name, Address and Telephone *

List three or more references, Address & Tel.No. (suppliers, Landlords, peers, etc)

 

Name

Telephone

relationship

1.

2.

3.

CREDIT HISTORY (Prior 3-5 years)

Have you ever applied for a loan before? Yes () No (). If yes, please provide details below:

Name of Lender

 

Date Applied

 

Amount of Loan

 

Duration of Loan

Monthly Instalment

Amount outstanding

 

 

______

 

 

______

 

___

 

______

 

 

_________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

______

 

 

______

 

_______

 

______

 

 

___

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

______

 

 

______

 

_______

 

______

 

 

___

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

____________________

 

_

______

 

______________

 

______

 

 

___

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Do you plan on borrowing any money from;

 

 

 

 

 

 

 

Creditors

 

NGOs

 

Banks

 

Family members

 

Other(specify)

 

 

If yes, please provide terms and purpose.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

_____

 

 

 

 

 

 

 

 

 

____________

 

BUSINESS ASSESSMENT

 

 

 

 

 

 

 

 

 

Major Business Suppliers: (See receipts)

 

Major Business Markets: (See records/sales books)

Where do you buy? Who do you buy from?

 

Where do you sell and who do you sell to?

How often do you buy?

 

 

 

How long does it typically take to sell your purchases/

 

 

 

 

 

 

 

inventory?

 

 

 

 

How much do you buy each time?

 

 

 

How much do you sell in a typical week? month?

Will this change as a result of the loan? If Yes, how?

 

Will this change as a result of the loan? If so, how?

 

 

 

 

 

 

 

 

 

 

 

 

 

GROSS PROFIT MARGIN ON BEST SELLING PRODUCTS

 

 

Product

Selling Price (A)

Purchase Price/Cost of

Gross Profit Margin

 

 

Production (B)

( A-B) / A

1.

 

 

 

2.

 

 

 

3.

 

 

 

4.

 

 

 

Average

 

 

 

Average Projected on Previous Loan Application

 

 

BUSINESS MONTHLY PROFIT AND LOSS STATEMENT (business that is subject of loan)

ACTUAL PROFIT AND LOSS

PROJECTED PROFIT AND LOSS

Sales

 

Sales

 

 

 

Cost of Sales/Purchases

 

Cost of Sales/Purchases

 

 

 

 

 

Gross Profit

Gross Profit

 

 

Rent

 

Rent

 

 

 

Utilities (Electricity, Phone, etc.)

 

Utilities (Electricity, Phone, etc.)

Transportation

 

Transportation

Labour

 

Labour

 

 

 

Loan Repayments (Other)

 

Loan Repayments

 

 

 

Other

 

Other

 

 

 

Monthly Profit/Income

Monthly Profit/Income

BUSINESS BALANCE SHEET (business that is subject of loan)

 

 

 

 

 

 

 

 

 

ASSETS

 

LIABILITIES & CAPITAL

 

 

 

 

Actual

Projected

 

Actual

Projected

 

SHORT TERM

 

SHORT TERM

 

 

 

 

 

 

 

 

 

Cash (on hand and in Banks)

 

Creditors (Trade)

 

 

 

 

 

 

 

 

 

Debtors

 

Bank Loans

 

 

 

 

 

 

 

 

 

 

Stock

 

 

 

 

 

 

 

 

 

 

 

 

LONG TERM

 

LONG TERM

 

 

 

 

 

 

 

 

 

Total Fixed Assets

 

Bank Loans

 

 

 

 

 

 

 

 

 

Other Assets

 

Other Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

CAPITAL

 

 

TOTAL

TOTAL

NET HOUSEHOLD BUDGET

MONTHLY INCOME

 

MONTHLY EXPENSES

 

 

 

 

 

 

 

 

Actual

Projected

 

Actual

Projected

 

 

 

 

 

 

Borrower (net salary)

 

 

Housing

 

 

 

 

 

 

 

 

Spouse (net salary)

 

 

School Fees (average per

 

 

 

 

 

month)

 

 

 

 

 

 

 

 

Business (from above)

 

 

Transportation/Vehicle

 

 

 

 

 

 

 

 

Pensions

 

 

Food

 

 

 

 

 

 

 

 

Other Businesses

 

 

Utilities (Phone, Electricity, medical,

 

 

(Applicant or Spouse)

 

 

entertainment, etc.)

 

 

 

 

 

 

 

 

Other Income

 

 

Other Debt Repayments

 

 

 

 

 

 

 

 

Total Household Income

 

 

Total Expenses

 

 

 

 

 

 

 

 

Net Household Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PROPOSED GUARANTORS

Name, address and telephone number/other contact information:

 

Relationship:

1.

 

______

_____

______

____________________________

2.

 

 

 

______

____________________________

Do any of the proposed guarantors have existing direct/indirect liabilities with the YEDFB? If Yes, what?

SECURITY/COLLATERAL

Kindly list all the Securities, giving a detailed description and Serial Numbers where Applicable. Where holder of security is not an applicant, one of the guarantors must be the holder of security.

DESCRIPTION OF ITEM

SERIAL NUMBER

VALUE(KSH)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL LIQUIDATION VALUE

Other significant personal assets owned not listed as collateral and any liabilities against them:____________

I/We declare that all information provided as part of this application conforms to reality and assume full responsibility for its accuracy. By my signature, I hereby authorise collection of references, from any source whatsoever, concerning my person, conduct and commercial credit. I further authorise the issuance of reports regarding my credit history to Youth Enterprise Development Fund Board and hereby absolve the reporting party of all responsibility.

1st Applicant’s Name ____________________Signature________________________ Date___________________

Co-Borrower’s Name____________________Signature________________________Date___________________

2nd Applicant’s Name ____________________Signature________________________ Date___________________

Co-Borrower’s Name_____________________Signature________________________Date___________________

YOUTH ENTERPRISE DEVELOPMENT FUND BOARD

GUARANTOR PERSONAL DETAILS

Guarantor Name: ___________ ____________ ___________

ID/PP No_________________

Relationship to Applicant: _______________________________________

Postal Address: ___________ Code: ___________ Phone No: _____________

Residence (draw map):

Town/Estate:___________________ District___________________________________

Division: ________________________ Location: _______________________________

Sub-Location: _____________________ Village: _______________________________

Employment or business: ___________________________________________________

Physical Location: ________________________________________________________

Monthly Income: __________________________________

Attachable Security (Title deed, log book etc) where guarantor is providing security for the loan

No

Description

Serial No.

Estimated

Discounted

 

 

 

Value

Value

1

 

 

 

 

2

 

 

 

 

3

 

 

 

 

4

 

 

 

 

5

 

 

 

 

6

 

 

 

 

7

 

 

 

 

 

 

 

 

 

Signature of Guarantor __________________________Date: ____________________