Report by: Ripoff Admin Report ID: 11 13th December 2017 Views: 239 Category: Banking and Financial Services >> ;

Kenya Women Finance Trust (KWFT): KWFT - The Lender, The Court and The Auctioneer - #JusticeForCatherineWanjiru

The #JusticeForCatherineWanjiru has taken a new turn after the fraudulent Kenya Women Finance Trust, led by one Jennifer Riria,made numerous calls to Catherine to drop her complaint from Cofek.

A lady called "Peninah" calling from 0703067700 has become an irritant to Catherine. The #JusticeForCatherineWanjiru will soon take a new dimension.

Catherine has become the face of the tens of thousands of poor women that have been made poorer by fraudpreneurs at KWFT.

READ: Justice for Catherine Wanjiru and a dodgy Jennifer Riria

KWFT styles itself as an unregulated bank, insurer and acts illegally as a Kangaroo court and an auctioneer. 

The story of Catherine, like many others, is a story of pain where poor women are induced to take loans with strange terms. Even after she cleared her loan without arrears, her milk-ATM was auctioned by rough KWFT who are unaware of the new regulations governing lawful auction.

Jennifer Riria, riding on paid public relations and fake awards some overseen by Deloitte, has styled herself as a messiah in empowering women. But behind the untold story, is the painful tales of women who are now poorer than before they engaged KWFT.

Ms Riria has avoided to return calls to Cofek. Instead, and in their usual conspiracy style, they now want to compromise their client they have mistreated and ignored for long.

Its inconceivable how various development partners and government has turned a blind eye to the mistreatment of the poor women.

IFAD has even lied that KWFT has become a model lender. Even the respected HP purported to make Ms Riria as its ambassador. Sadly, Ernst &Young made her "global entrepreneur" or fraudpreneur? She was also named "Champion of Democracy - really? by Ford Foundation who need to take back their award. Same to Marketing Society of Kenya ... sad!

On February 25, 2017 crooked KWFT donated Sh3 million to First Lady Margaret Kenyatta's "Beyond Zero" campaign. Unknown to the First Lady, the scheme to offer her agency with the Sh3 million came from the money they have literally been stealing from the toil and sweat of poor women for which the Mrs Kenyatta needs to stand for.

The strange and mostly fake awards issued to Ms Jennifer Riria

2015: - Awarded The Lifetime Achievement Award in Financial Services, country winner and Regional Winner at the Africa's Most Influential Women in Business & Government awards 2015.
2015: - Awarded “Most Outstanding Businesswoman of the year Award” by Africa Economy Builders’ Award.
2014: - Global Entrepreneur of the year Award (Ernst & Young)
2014: - Invited to serve on the Global Council on Girls/Women Leadership Global
2013: - Received the EY entrepreneur of the year 2013 Award, East Africa.
2012: - Made a life Board of Association of Microfinance institutions.
2012: - Awarded “Champion of Democracy” by the Ford Foundation New York.
2011: - Awarded the “Trail Blazer Award by Marketing Society of Kenya.

2011: - Awarded “Distinguished Pure and Natural Woman Award for my natural grace and commitment to my work and being a pure role model and a source of inspiration to women all over the world. - Received “Leadership Excellence Award” from Women World Banking 

2009: - Included in 2009/2010 – “WHO’S WHO” of Business Leaders and Professional Registry. - Received “2009 Business Excellence Award for Financing” from The Corporate Council on Africa .

2007: - Icon – HP. Appointed the Ambassador for HP to represent the company in the Build African Schools project.

2006: - Awarded Moran of the Burning Spear (MBS) by the Government of Kenya for contribution to National Development

-Appointed to the Dakar Declaration Steering Committee to advise UNCDFon the African Strategy
-Requested/invited to deliver key-note address at the Harvard Business School Annual African Business Conference.

2005: -Appointed to the Public Universities Inspection Board to advise Government’s strategy on streamlining of Higher education (completed its works)

-Appointed to the 2030 Vision Steering Committee.

2004 - Awarded Certificate for being a founder member of Starehe Girls’ Centre

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