EquityBCDC has extended its social impact contribution through scaling up the various programs that are already under implementation through Equity Group. The Bank, whose purpose is to transform lives, give dignity and expand opportunities for wealth creation, has launched a mentorship and leadership development program dubbed the Equity Leaders Program (ELP).
The Equity Leaders Program, which is one of the programs under the Education and Leadership Development pillar has launched in the DRC by selecting 131 top-performing young scholars including 81 boys and 50 girls who topped the final 6 secondary school examinations. The scholars will form the first cohort of ELP beneficiaries in DRC.
The 131 scholars will undertake a one-week induction process and proceed to join EquityBCDC for a 2-6 months paid internship program where each scholar will get a monthly stipend of USD 400 and will experience on-the-job training and mentorship within various departments. The mentorship and coaching engagement with the scholars will also continue for the period they will be in university as students. They will continue to earn as they learn by way of earning commissions from marketing the Eazzy suite of digital banking products.
In addition to the skills training, ELP aims to empower young academically gifted scholars through mentorship and leadership development and is keen on spurring personal and professional development, creativity and innovation and community engagement amongst the scholars thus moulding them into forward-thinking young professionals with a heart for community give back.
While speaking to the scholars H.E Eve Bazaiba, Vice Prime Minister and Minister of Environment said, “On behalf of the President of the Republic of DRC, I would like to congratulate you for emerging amongst the top and for being selected to form the inaugural class of the Equity Leaders Program (ELP) in DRC. You are all bearers of the torch for the future of this country and Africa at large. EquityBCDC has given you the ability to take charge of yourselves and purpose in life. Congratulations once again and all the best in your endevours.”
Celestin Muntuabu, the Managing Director of EquityBCDC said: “Education is one of the pillars that we hold dear and one that our Congolese youth need for their development. Today, we are proud to launch the Equity Leaders Program which will give young scholars an opportunity to develop their leadership skills and get exposure from industry captains preparing them to be next generation leaders who will contribute to the socio-economic prosperity of the nation”.
Equity Group Managing Director and CEO Dr. James Mwangi said, “The youth hold great potential and are the future of our region. The Equity Leaders Program, which has been in existence since 1998 in Kenya is being launched in DRC to offer an opportunity to youth in the DRC to explore their potential, enjoy a unique experience of getting on the job training even before joining university and also enjoy access to a regional network of professionals. They will also have a chance to network and form strong professional relationships critical in promoting innovation, entrepreneurship and research among others, thus contributing to social and economic development of our region.”
Dr. Mwangi also noted that Equity Group is a purpose-led business with a unique shared value model that pursues a mission that is both profit and social impact led. EquityBCDC will implement its programs through six key pillars which are; Education and Leadership Development, Energy and Environment, Enterprise Development and Financial Inclusion, Food and Agriculture, Health and Social Protection. These pillars are mapped against Equity’s values and the UN 2030 SDG goals.
The Equity Leaders Program has been designed uniquely and will also offer scholars an opportunity to apply for admission and full financial aid at global universities through admission into the College Counselling Program. The program runs for 3 months and is aimed at exposing them to the global universities admission process and how to manoeuvre through a new education system.