Queen Sofía of Spain is in Kenya now to visit the places where investments have been already done in the framework of Africa and Middle East Regional Microcredit Summit.
The Queen of Spain met yesterday morning Mwai Kibaki, President of Kenya, in Nairobi. In the afternoon, she visited 50 representatives of the Spanish colony there, most of whom are cooperants working in drinking water projects, sanitation and medical care.
It is scheduled for today that Queen Sofía will meet Muhammad Yunus, the developer of that microcredit and founder of the Grameen Bank, which provides the loans. They will visit the crowded shanty town of Mathare Valley, five kilometers away from the Kenyan capital, to verify the results of all the work that Jamii Bora -a NGO that gives microcredits- has done with marginalized population.
Also, Queen Sofía will visit tomorrow Kaputei Town, a new city that the Jamii Bora has created in the region of Central Kajido. There, the NGO wants to provide decent living conditions to the population of Mathare Valley, like tap water and electricity.
Spain has granted over two million of this microcredits over the last 12 years, to the amount of more than 600 million euros (over $800 million).
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