On 5th September 2015, HSNP paid cycle 14 to 77,346 households (Group 1) across the four Counties totaling Kshs.423,395,400.00. The value of one payment cycle is Kshs. 5,100.
The money was credited to individual households that have active Equity bank accounts. One can access their money through Equity agents based at the sub-locations and also at the Equity bank County branches. Majority of the households interviewed before shared that they use a significant amount of money to cater for their consumption expenditure e.g. food and retention/ accumulation of assets while the reminder is used on education, health and improvement of livelihood.
The injection of cash into the local economies of the Counties of Mandera, Wajir, Marsabit and Turkana has a positive ripple effect as evidenced by previous impact evaluation studies e.g in Cycle 14, Mandera West sub-County will receive Kshs. 40,026,600.00. This is a regular cash payment where the next cycle will be paid after two months (November) where the amount will increase depending on the number of active accounts opened. This will be reflected across all the four Counties.
See the breakdown of Cycle 14 in the figures below: