{"id":1742,"date":"2025-08-01T06:36:54","date_gmt":"2025-08-01T06:36:54","guid":{"rendered":"http:\/\/abno360.wwwnl1-tr104.supercp.com\/~muua\/?page_id=1742"},"modified":"2025-08-21T13:28:54","modified_gmt":"2025-08-21T13:28:54","slug":"development-fund","status":"publish","type":"page","link":"https:\/\/mua.ac.ke\/?page_id=1742","title":{"rendered":"Development Fund"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1742\" class=\"elementor elementor-1742\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b7b59da e-flex e-con-boxed e-con e-parent\" data-id=\"b7b59da\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a53e804 e-flex e-con-boxed e-con e-parent\" data-id=\"a53e804\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b6de38d elementor-widget elementor-widget-heading\" data-id=\"b6de38d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Development Fund<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-35b1e91 elementor-widget elementor-widget-text-editor\" data-id=\"35b1e91\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The Development Fund of the Management University of Africa was established in September 2014. The establishment of the fund was informed by the desire to allow access to affordable University Education to students from deprived communities and regions that are graded under the equalization fund as well as support bright and gifted students in Kenya and beyond. Others are persons with physical challenges and other disadvantaged groups particularly women and the youth. Moreover, the conflict prone deprived communities and regions in Kenya and indeed Africa and the World require high caliber human resource skilled in Management, Leadership, Governance and Entrepreneurship for development.<\/p><p>In addition, Resource mobilization, conflict management and Resolution knowledge and skills\u00a0are also a prerequisite for development. This is much more so important now in Kenya with the recent discovery of natural resources such as water aquifers, oil and gas deposits in Northern Kenya. The purpose of our Fund is to cater for tuition fees as well as upkeep of the beneficiaries while studying at the University. In addition,\u00a0the fund hopes to establish a Work-Study Programme for continuing students who can no longer afford to pay tuition fees along the way.<\/p><p>\u00a0The University and its sponsor offer their programmes on cost recovery basis so as to reach as many Kenyans as possible. This means that revenue generated from academic programmes is not sufficient to provide scholarships, fellowships and bursaries to young bright, talented and needy students as well as meeting other obligations of the University. This state of affairs persuaded the University to establish an Endowment Fund in August 2014.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f838d28 elementor-widget elementor-widget-heading\" data-id=\"f838d28\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Objectives &amp; Purpose\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0b3bde elementor-widget elementor-widget-text-editor\" data-id=\"c0b3bde\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The objective of the fund is to support bright but needy and talented students from disadvantaged backgrounds in Kenya, Africa and the World to study and redeem their dreams at the Management University of Africa, thus the name \u2018Save a Dream\u2019 Scholarship Fund.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12beae2 elementor-widget elementor-widget-text-editor\" data-id=\"12beae2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>The purpose is to:<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b173f9 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"7b173f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">1. Investment Fund \u2013 to invest in easily convertible markets to generate quick returns;<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">2. \u201cSave a Dream\u201d Scholarship Fund \u2013 to pay fees and tuition to the University;<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">3. Work-Study Programme Fund \u2013 Proceeds paid to the University to off-set outstanding fees\/tuition balance; and<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">4. Facilitation Fund \u2013 to bring in highly regarded and respected Scholars, Professors, Business personalities, Adjunct Faculty, and among others from around the World to speak on topical issues at the University.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ad7b10 elementor-widget elementor-widget-heading\" data-id=\"9ad7b10\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Transparency &amp; Accountability\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-adc3fd0 elementor-widget elementor-widget-text-editor\" data-id=\"adc3fd0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The fund will prepare and keep proper books of accounts which will be audited annually and a report made to all the stakeholders.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72fdb16 elementor-widget elementor-widget-heading\" data-id=\"72fdb16\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Achievements\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ede892 elementor-widget elementor-widget-text-editor\" data-id=\"1ede892\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul class=\"wp-block-list\"><li>6 female students of which 4 have benefited through partial scholarship to pursue post graduate programme in Management and leadership and 2 of them undergraduate programmes.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8ac48e6 elementor-widget elementor-widget-text-editor\" data-id=\"8ac48e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul class=\"wp-block-list\"><li>6 gentlemen who have benefited from the fund to pursue Bachelor of Management and leadership<\/li><\/ul><p>This year(2018), the fund is targeting to raise thirty (30) Million so as to facilitate more underprivileged students realize their dreams at the Management University of Africa.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e51ebca elementor-widget elementor-widget-heading\" data-id=\"e51ebca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to Get Involved\n\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b0ae2c9 elementor-widget elementor-widget-text-editor\" data-id=\"b0ae2c9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>To\u00a0help raise funds to save a dream, you can make a payment by dialling\u00a0<strong>*483*57*35045#<\/strong>\u00a0or click\u00a0<a href=\"https:\/\/secure.changa.co.ke\/myweb\/share\/35045\" target=\"_blank\" rel=\"noopener\">Here<\/a>\u00a0to donate now.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73d3dfe elementor-widget elementor-widget-text-editor\" data-id=\"73d3dfe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul class=\"wp-block-list\"><li>Corporates, charitable organisations, foundations-may commit to contribute one off or annually to the fund in tandem with their shared prosperity qualities or partner with the fund in resource mobilisation events.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd332a4 elementor-widget elementor-widget-text-editor\" data-id=\"cd332a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul class=\"wp-block-list\"><li>National and county governments can sponsor disadvantaged students from their areas of jurisdiction by making donor controlled grants to the fund; and<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a46ba5e elementor-widget elementor-widget-text-editor\" data-id=\"a46ba5e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul class=\"wp-block-list\"><li>Individuals-can commit monthly, half yearly or annual contributions towards the fund or become mentors in MUA mentorship programme.\u00a0Individuals can also bequeath their wealth\/property in memory of or in memorium.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7617bd0 elementor-widget elementor-widget-text-editor\" data-id=\"7617bd0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>TO GET INVOLVED OR MAKE A CONTRIBUTION, CONTACT:<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d1c6dc elementor-widget elementor-widget-text-editor\" data-id=\"5d1c6dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>THE VICE-CHANCELLOR,<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-723285d elementor-widget elementor-widget-text-editor\" data-id=\"723285d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>THE MANAGEMENT UNIVERSITY OF AFRICA,<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-305a9e8 elementor-widget elementor-widget-text-editor\" data-id=\"305a9e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Email<\/strong>:\u00a0<a href=\"mailto:vc@mua.ac.ke\">vc@mua.ac.ke<\/a>;\u00a0<a href=\"mailto:saveadream@mua.ac.ke\">saveadream@mua.ac.ke<\/a>;\u00a0<a href=\"mailto:info@mua.ac.ke\">info@mua.ac.ke<\/a>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08b6062 elementor-widget elementor-widget-text-editor\" data-id=\"08b6062\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>DONATIONS OR GRANTS CHEQUES PAYABLE TO:<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9304fd elementor-widget elementor-widget-text-editor\" data-id=\"d9304fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Account Name<\/strong>: The Management Uni of Africa Dvpt F.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24820f5 elementor-widget elementor-widget-text-editor\" data-id=\"24820f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Kenya Commercial Bank (KCB)\u00a0 \u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9c266e elementor-widget elementor-widget-text-editor\" data-id=\"b9c266e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Moi Avenue Branch\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8d8239 elementor-widget elementor-widget-text-editor\" data-id=\"d8d8239\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>A\/C No.<\/strong>:\u00a01217239561<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-06afaa7 elementor-widget elementor-widget-text-editor\" data-id=\"06afaa7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>MPesa\u00a0\u00a0<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b45d4bb elementor-widget elementor-widget-text-editor\" data-id=\"b45d4bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Business No.<\/strong>\u00a0522522<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ed7710 elementor-widget elementor-widget-text-editor\" data-id=\"3ed7710\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor elementor-1701 elementor-location-single post-1988 page type-page status-publish has-post-thumbnail hentry\" data-elementor-type=\"single\" data-elementor-id=\"1701\" data-elementor-settings=\"[]\"><div class=\"elementor-inner\"><div class=\"elementor-section-wrap elementor-motion-effects-parent\"><section class=\"elementor-element elementor-element-49fbe82c elementor-section-content-top elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"49fbe82c\" data-element_type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\"><div class=\"elementor-container elementor-column-gap-no\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-7399f57e elementor-column elementor-col-100 elementor-top-column\" data-id=\"7399f57e\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\"><div class=\"elementor-column-wrap elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-6a964d2a elementor-widget elementor-widget-theme-post-content animated fadeInUp\" data-id=\"6a964d2a\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"theme-post-content.default\"><div class=\"elementor-widget-container\"><p><strong>A\/C No<\/strong>. 1217239561<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><\/div><\/div><\/div><div class=\"elementor elementor-33 elementor-location-footer\" data-elementor-type=\"footer\" data-elementor-id=\"33\" data-elementor-settings=\"[]\"><div class=\"elementor-inner\"><div class=\"elementor-section-wrap\"><footer class=\"elementor-element elementor-element-13541211 elementor-section-full_width elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"13541211\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-13e31e2a elementor-column elementor-col-100 elementor-top-column\" data-id=\"13e31e2a\" data-element_type=\"column\"><div class=\"elementor-column-wrap elementor-element-populated\"><div class=\"elementor-widget-wrap\"><section id=\"social-footer\" class=\"elementor-element elementor-element-5db5c1fa elementor-section-full_width elementor-section-height-default elementor-section-height-default elementor-section elementor-inner-section\" data-id=\"5db5c1fa\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-603b6a78 elementor-column elementor-col-50 elementor-inner-column\" data-id=\"603b6a78\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\"><div class=\"elementor-column-wrap elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-3a07f49a elementor-shape-rounded elementor-widget elementor-widget-social-icons animated fadeInUp\" data-id=\"3a07f49a\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"social-icons.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-social-icons-wrapper\">\u00a0<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><\/div><\/div><\/div><\/div><\/div><\/footer><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Development Fund of the Management University of Africa was established in September 2014. The establishment of the fund was informed by the desire to allow access to affordable University Education to students from deprived communities and regions that are graded under the equalization fund as well as support bright and gifted students in Kenya&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-1742","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/mua.ac.ke\/index.php?rest_route=\/wp\/v2\/pages\/1742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mua.ac.ke\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mua.ac.ke\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mua.ac.ke\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mua.ac.ke\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1742"}],"version-history":[{"count":79,"href":"https:\/\/mua.ac.ke\/index.php?rest_route=\/wp\/v2\/pages\/1742\/revisions"}],"predecessor-version":[{"id":5372,"href":"https:\/\/mua.ac.ke\/index.php?rest_route=\/wp\/v2\/pages\/1742\/revisions\/5372"}],"wp:attachment":[{"href":"https:\/\/mua.ac.ke\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}