Ilhan 728×90
Ilhan 728×90

North-Eastern livestock farmers receive financial boost

Local livestock farmers undergoing the worst drought in decades are set to access to training and credit facilities through a new programme  stakeholders have launched. Thousands of the farmers in Garissa, Isiolo, Marsabit Turkana and Wajir Counties are to profit from the joint venture involving Kenya Commercial Bank (KCB) Foundation and Millennium Water Alliance (MWA).

This is under the Kenya Arid Lands Partnership for Integrated Development Program (Kenya RAPID), with financial support from the United States Agency for International Development and Swiss Development Corporation. Jane Mwangi, KCB Foundation Executive Director, said they are optimistic in productive and sustainable commercialized livestock as well as water sectors in the targeted counties. “There is a huge unexploited potential in the counties. We suppose this will add to an improved economic condition for the families and the counties as a whole,” she said.

ALSO READ: http://nepjournal.com/10000-families-benefit-nhif-cards-marsabit/

The programme, billed one of the most transformative, is estimated to change the lives of the citizens. MWA Executive Director, Rafael Callejas, stressed the significance of the partnership. “We are looking at altering livelihoods through ground-breaking business models. The small scale entrepreneurs will also have more openings for training on getting and managing credit,” Callejas said. Throughout this joint venture, KCB Foundation will carry out financial literacy training of 100 small and medium enterprises in the livestock and water value chains.

It endeavors to sustain pasture production, prepare water service providers and livestock keepers for commercial loans of up to US$ 1 million. This is in addition to sharing technologies and approaches in sustainable service delivery. Other private-sector partners include Aqua for All, The Coca-Cola Africa Foundation, SweetSense, Acacia Water, IBM, Davis & Shirtliff and Vitol Foundation.

Drought has been a major concern for this community and every year they watch in pain as their animals succumb to the harsh climatic conditions. The project comes at a perfect time and will be felt even at the grass root level .

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