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For instance, Cynthia Odhiambo and Warren Demesi pu their places in university courtesy of Co-operative Bank Foundation scholarship. While Cynthia, an orphan, is in her third year studying Bachelor of Medicine and Surgery degree, Warren is studying Actuarial Science. Since their days in High School, their school fees have been paid for by Cooperative Bank. The trio has, apart from funding environmental projects, taken an active role in dedicating part of their profits to funding programmes kenya.co.ke the multiple sectors such as education, agriculture, entrepreneurship, health, environment and innovation. Corporates use such initiatives to hook up existing customers to their brands as well as win the hearts of new customers. For instance, Equity and Coop bank give internships to the students they sponsor, making them grow to become customers. Through the project, farmers are taught on best practices to maximise returns. This helps transform medium scale farmers into commercial farmers so as lower their risk of defaulting on debt. In 2016, Equity Group disclosed in its annual report that in partnership with other partners, it had disbursed Sh22. This was increased to Sh272. This translates to year-on-year increase of over a third. It supports the informal sector entrepreneurs and the youth through vocational training. Standard Chartered Bank invests about Sh90 million kenya.co.le to sponsor Stanchart Marathon while additional Sh60 million is raised through partners. Away from the banking sector, firms in insurance, communication and investment are also increasing their expenditure on social programs. Last year, Jubilee Insurance, more than doubled its expenditure on social programmes. While in 2016 it had spent Sh8 million, last year, it spent Sh17. It has pumped billions in areas like arts and culture, disaster relief, kenya.co.ke conservation, water, health and education. The telco has partnered with over 1,200 organisations to reach more than hook million Kenyans through social programmes. Last year, donations to Safaricom Foundation alone amounted to Sh381 million, up from Sh414 hook in 2016. Its 2017 sustainability report shows it recorded growth in the contributions made by the two foundations - from Sh3. Education kenya.co.kd health had the highest growth. According to our data covering 56 listed companies, only 11 companies, Safaricom included, managed a kenya.co.ke profit hook what Safaricom pumped into social programs in 2017. When the telco launched the Blaze, with several offers targeting the youth, it pumped in Sh700 million to engage youth on mentorship programmes in busi-ness, agriculture, finance and nook arts.