Nairobi Kenya, 3rd January 2020 Equity Group has today commissioned the 2020 cohort of Wings to Fly scholars at a ceremony held at Kenyatta University, Nairobi presided over by Education Cabinet Secretary Prof. George Magoha on behalf of H.E. President Uhuru Kenyatta. This year’s 1,136 scholarships were funded by Mastercard Foundation, Equity Group and the German Government through KfW.

This year marks the 11th intake since the inception of the Wings to Fly scholarship program, bringing the total number of scholars admitted to the program to 17,304. The performance of Wings to Fly scholars in Secondary schools has continued to improve. As per the 2019 KCSE results, 81.3% of the 2016 class obtained university qualifying grades compared to an 18.1% national average.

Through the program, bright but financially disadvantaged children are offered comprehensive secondary school scholarships which cover tuition, books, uniform, transport costs and pocket money.  The scholars also receive mentorship and leadership training during their four-year period in secondary school to equip them with life skills that will transform them into leaders in various capacities.

Speaking during the ceremony, H.E. President Uhuru Kenyatta through his speech read by Professor George Magoha highlighted how the program has been impactful and transformative to many bright but needy students in Kenya, noting how it has complemented the government’s effort in achieving maximum transition rate to secondary school.

“We laud Mastercard Foundation, Equity Group and their Wings to Fly partners for their generous contribution for the past 11 years to this worthy course. We have good reasons to be optimistic that we are building a great country and future leaders when bright students who are vulnerable are given such opportunities to pursue their dreams and goals,” said the President.

Equity Group Foundation Executive Chairman Dr. James Mwangi urged the students to always remember that their hard work and effort is what made them secure the scholarships and advised them to optimize the opportunity presented to them for the benefit of their families, community and country at large.

“As you set out on this journey today, we will walk with you throughout your secondary school. Make the best use of this opportunity and study hard to make your family and the community proud. In four years’ time we want to celebrate because of how well you will have performed. Your predecessors have continued to do well and we trust you will emulate them,” said Dr Mwangi.

Due to the success of the Wings to Fly Program, Equity Group secured the Government’s competitive bid as an implementing agency for the Elimu Scholarship Programme. The Elimu Scholarship Programme is an initiative of the Government of Kenya funded by the Ministry of Education with support from the World Bank and aims to support 18,000 students within a six year period.

More than 26,000 pupils across the country, submitted applications for the Wings to Fly scholarship.

”Since the inception of this program, the government has continuously shown support. We acknowledge and thank the Government for rolling out Elimu Scholarships as more bright and deserving children will benefit. These additional scholarships have allowed us to select on a ratio of 1 for every 4 applications which is much better than previous ratio of 1 for every 10 applications,” said Dr. Mwangi.

Since inception, scholars in the the Wings to Fly program continue to excel maintaining a 96% secondary school completion rate and 82% attaining university entry qualification grades.



Wings To Fly program

Wings To Fly program is a comprehensive secondary school education and leadership program for top performing yet needy (orphan or vulnerable) students in Kenya. The Program is a partnership between Mastercard Foundation and Equity Group, with support of other partners including the German Government through KfW, USAID, DFID among others. It is coordinated by Equity Group Foundation. The objective of the scholarship program is to provide financial support and leadership empowerment tools to the scholarship beneficiaries. The total number of scholarships given under the Wings to Fly since 2010 currently stand at 17,304. Every year the scholars attend an Annual Education and Leadership Congress to activate and inspire leadership as well as inculcating a culture of giving back to society. They interact with mentors, professionals, thought leaders, influencers and captains of industry who encourage them to take up leadership roles in schools. On average, 86% of the scholars hold one or several leadership positions during their secondary school academic life. Further, the program records a 96% secondary school completion rate with 82% of the scholars attaining university admission qualifying grades.

Equity Group Foundation

Equity Group Foundation was established by Equity Bank to create the financial and operational infrastructure for its social programs aimed at the low-income population. This innovation and creative vehicle has fully transformed the concept of philanthropy and corporate social responsibility. While Equity Group Foundation champions the social economic transformation of the people of Africa and seeks partnership along seven cluster thematic areas, Equity Bank provides the infrastructure of delivery hence reducing the operational cost of the Foundation and increasing the rate of return on any social investment. The seven key social thematic areas are Education and Leadership development, Financial Literacy, Financial Inclusion, Innovation and Entrepreneurship, Agriculture, Health, and Environment.

Related stories

Equity ranks position 7 in the list of top 10 banks in Africa in The Banker’s Top 100 African Banks 2020.

Equity, with a balance sheet size worth Kshs. 673.7 billion at the end of 2019, has been listed at...

View More
Kenya National Chamber of Commerce and Industry, Equity sign Memorandum of Understanding to offer Ksh. 200 billion to Kenyan businesses

The Kenya National Chamber of Commerce and Industry (KNCCI) and...

View More
MICRO AND SMALL ENTERPRISES AUTHORITY (MSEA) AND EQUITY SIGN MOU AIMED AT PROMOTING THE GROWTH OF MSEs IN KENYA

MSE Associations under MSEA will benefit from financial empowerment, advisory services and...

View More
Equity Supports MSMEs With USD $100 Million Partnership with Proparco (Agence Française de Développement Group)

Equity Supports MSMEs With USD $100 Million Partnership with Proparco (Agence Française de...

View More
Equity CEO, Dr. James Mwangi, Wins Coveted Oslo Business for Peace Award

Nairobi, Kenya: September 9, 2020 – Dr. James Mwangi, Group Managing Director and CEO of Equity...

View More
92 Equity Leadership Program (ELP) Scholars Receive Admission to 43 Global Universities

92 Equity Leadership Program (ELP) Scholars Receive Admission to 43 Global Universities

View More
Ambassador Erastus J O Mwencha is Appointed Board Chairman of Equity Bank (Kenya) Ltd

Equity Bank (Kenya) Ltd Board has appointed Ambassador Erastus Mwencha, as the Chairman, taking over...

View More
Equity Rolls Out Universal Number for All Outgoing Calls to Customers

The 0763 000 000 number will become the single line of contact from Equity to customers thus...

View More
Public Hospitals Are Now Equipped With Ppes From Kenya Covid-19 Fund For Use By Healthcare Workers Dealing With Covid-19

The Kenya Covid-19 Fund Board, in partnership with Equity Group Foundation (EGF) have completed...

View More
Equity Partners With Crown HealthCare

Equity has signed a Memorandum of Understanding with Crown Healthcare to enable SMEs in the...

View More
Equity Recognized As The Best Bank In Africa At The 2020 Euromoney Awards

Nairobi, 28th July 2020… Equity has scooped three top awards at this year’s Euromoney Awards...

View More
IFC Announces $50 Million Loan to Equity Bank to Support Kenyan SMEs During COVID-19

The loan, which will ultimately support hundreds of Kenyan businesses in the manufacturing,...

View More
Kenya Association of Manufacturers in Partnership with Equity Group Foundation and the Kenya COVID-19 Fund Support Manufacturers in Kenya to produce World Class PPEs

The Kenya  COVID-19 Fund Board, in partnership with Kenya Association of Manufacturers (KAM)...

View More
The Kenya Covid-19 Fund And Equity Group Foundation Partners With Kenya Medical Association On Case Management Training And Psychosocial Wellness Program For 50,000 Public Healthcare Workers Dealing With Covid-19

Frontline public healthcare staff dealing with COVID-19 patients will receive training on case...

View More
Equity Opts To Support Its’ Customers To Keep Their Lights On By Restructuring Their Loans Of Up To Ksh. 92billion For Up To Three Years

Equity Group has triggered a Business Continuity Plan (BCP) to protect its customers, staff and...

View More
Equity Group Foundation Partners With Mastercard Foundation On Covid-19 Response In Kenya

Equity Group Foundation (EGF), with support from the Mastercard Foundation, today announced a...

View More
Temporary Change of Business Operating Hours

Temporary Change of Business Operating Hours

View More
Health and Safety Update and It’s Impact on Doing Business

As Equity, we continue to comply and take precautionary measures for our customers and staff...

View More
Corona Virus Fact Sheet

Click below to read the Corona Virus Fact Sheet

View More
Letter To Kenyans

Now, more than ever, we invite you to make Banking something you do, not somewhere you go!

View More
Government Officially Launches Elimu Scholarship Programme

Replicates and scales the successful Wings to Fly scholarship model by targeting 18,000...

View More
Equity Bank Triple Win at International Banking Awards

Equity Bank Triple Win at International Banking Awards.

View More
Equity Bank Global Scholars Hits A Total Of 519

Fifty six Equity Leaders Program (ELP) scholars have been admitted to various top tier...

View More
Equity Bank Kenya enters into partnership with AGCO through Local Dealer FMD East Africa

Equity Bank Kenya enters into partnership with AGCO through Local Dealer FMD East Africa.

View More
Equitel’s Mobile commerce payments continue to drive growth for the operator

Equitel’s Mobile commerce payments continue to drive growth for the operator.

View More
Equity Taps World Bank Expatriate As It Gears Up For Pan African Expansion And Accelerated Digitization

Equity taps World Bank Expatriate as it gears up for Pan African expansion and accelerated...

View More
Equity Appoints Veteran Insider for Managing Director Position

 Equity Bank Kenya, a subsidiary of Equity Group Holdings Plc today announced the appointment of...

View More
Equity Bank Kenya enters into partnership with Toyota Kenya Limited

Equity Bank Kenya and Toyota Kenya Limited have today signed a partnership agreement that will...

View More
Equity and Safaricom Sign Landmark Agreement

Equity Group Holdings PLC (NSE: EQTY) and Safaricom PLC (NSE: SCOM) have today announced plans to...

View More
2018 Kcpe Top Performing Scholars Awarded Wings to Fly Secondary School Scholarships

This year, Equity Group received nearly 20,000 applications from all counties across the country...

View More
13 Wings to Fly Scholars Score Straight A in the 2018 KCSE Examination

Thirteen Wings to Fly beneficiaries were among the students who scored straight A’s in the...

View More
Equity Bank’s Christmas Carols Ring Out This Festive Season

Christmas carols have been around for years and set the stage for celebrating the birth of...

View More
Equity To Play Key Role In Creating 5 Million Jobs Or Kenyans

Equity will deploy its banking infrastructure as well as the Equity Group Foundation platform to...

View More
Equitel Enhances Convenience and Security with New Multiple User Feature Targeting Groups & Chamas

Investment groups, chamas and joint account holders can now withdraw cash from their Equity Bank...

View More
Service finder
Equity Bank is Regulated by Central Bank of Kenya