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    Investing in Agribusiness Primary Production 2019

    By George Munene

    Family Bank has partnered with USAID’s Kenya Investment Mechanism, committing to disburse loans worth Sh500 million to agribusinesses in 17 counties over the next one year.

    The initiative dubbed ‘Pay for Results’, will provide financing across the dairy, horticulture, livestock and energy agricultural value chains. The counties targeted are Homa Bay, Migori, Kisii, Kisumu, Siaya, Kakamega, Bungoma, Busia, Vihiga, Kitui, Makueni, Taita Taveta, Isiolo, Marsabit, Turkana, Garissa and Wajir.

    Related News: Government calls for youth agri-preneur applicants

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    “The agri-business sector faces challenges accessing affordable credit and technical support. Through this partnership, we will provide affordable credit and capacity building to our SME customers to nurture sustainable agri-businesses,” said Family Bank Chief Executive Officer Rebecca Mbithi.

    “Such private partnerships are important, especially in the wake of the COVID-19 constraints on the Kenyan agricultural market in order to ensure timely and continued operation of the food supply chain,” she added.

    At the projects Roger Bird, USAID’s Kenya Investment Mechanism Chief said, “We are glad to have Family Bank join us to address the low lending to agriculture. We are constantly looking for partnerships with organizations that are eager to finance agribusiness. Through this partnership with Family Bank, we will create new financing products that better fit the cash collection cycle of agribusinesses in the selected counties.”

    Related News: Financial services company offers new loan access for exporting farmers

    Family Bank has also entered into a fodder financing agreement with Performeter Agribusiness and Ndumberi Dairy Farmers Co-operative Society that is set to double dairy farmers milk production to 30,000 liters per day.

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    Kagoka Foods

    By George Munene

    Kagoka Foods, an Agritech startup and social enterprise is partnering with small-scale farmers to promote the growing of tuber, root and banana crops in Kenya by giving them a market for yams, arrow roots, pumpkins, sweet potato and bananas.

    The company has a focus on promoting the growing, processing, value addition, packaging and marketing of indigenous, high-value traditional and other food crops. These include pumpkins, arrow roots, cassava, yams, sweet potatoes and bananas.

    For farmers to qualify as Kagoka Foods Limited growers they will need to be registered and have the quality of their farm produce confirmed. 

    Related News: Fertilizer manufacture enlisting organic farmers to supply ready market

    Related News: Kenyan mango farmers resume exports to lucrative European market

    Harvesting from farmers is done through a controlled process that avoids losses. The produce is then weighed and farmers are receipted. Delivery vans pick up produce which are efficiently delivered to warehouses for processing and packing before orders are prepared readied for dispatch. Through their easy-to-use marketplace app website (kagoka foods), and app (androidappsap kagoka-foods), vendors and consumers are able to easily place their orders. The produce is then delivered to the client’s doorstep free of charge. 

    These cheap and organized logistics help bridge the gaps between small scale farmers and the wide urban market platform delivering to clients through efficient and timely processes.

    Related News: Marketer creates online platform helping farmers find ready goat market

    The company is based on Kagoka Avenue Golf View Court, Kenyatta Road Estate off Thika Road, Nairobi. It also links small-scale farmers, women and youth farmers providing a channel for them to sell their produce to local vendors, hypermarkets and the export market while creating job opportunities. This ensures fair, transparent and market competitive prices for their pool of farmers which raises their incomes. 

    Small scale farmers interested in partnership can email; This email address is being protected from spambots. You need JavaScript enabled to view it. or SMS on 0780407558 for additional details.

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    By George Munene

    Mazao Organics, a non-synthetic fertilizer manufacturer has a ready market for various organically grown crops and is looking for farmers across the country to cultivate chemical-free tomatoes, onions, carrots, capsicums, potatoes, sweet potatoes, arrow roots, spring onions, cabbages, spinach, sukuma, dhania, ground peas, matoke and iceberg lettuce.

    The company which currently has 60 large and small-scale farmers advises farmers on what to grow depending on their locality adhering to the team’s strict supervision. With a database tracking the various stages of growth of their various farmers, produce is picked from growers when ready and delivered directly to organic buyers. This alleviates the hustle of having to source for markets from farmers. 

    Related News: Processor guarantees prices for organic and traditional outgrowers

    Related News: FarmBiz TV:Farmer rears earthworms for organic fertilizer that raises yields 50 per cent

    “With the proliferation of nutrition-based diseases such as cancer, obesity, hypertension and diabetes there's increased demand for chemical-free farmed food produce—a market gap we are trying to but are nowhere near fulfilling,” says Eric Mwiti, director of sales and marketing at Mazao Organic Fertilizers. 

    Increasingly, farmers' cost of production through conventional means has also shot up. As Eric explains, it has been practically authenticated that organic farming through Mazao organic fertilizers decreases farming expense by 40-50 percent. While fertilizer and chemical production of an acre can set a farmer back anywhere from Sh14-20 thousand, the use of organic inputs reduced this cost down to Sh 10-11 thousand.

    “Our existing farmers are currently growing onions, potatoes, coffee, tea, miraa, maize, papayas and tomatoes in Kilifi, LoitoktokKitengelaRuiru, Nyeri, Embu, Tharaka and many other regions of the country,” he says.

    Related News: Solar insect light trap organically reduces pests by 80%

    The agro-manufacturer has been in existence for 11 months and is working with various agricultural players such as Kenchick in the development of mazao digester, an eco-friendly biological treater and odor extinguisher. They are also working with Digifarm Safaricom’s integrated mobile platform by supplying fertilizers to their organic farmers.

    Mazao Organic Fertilizers: 0708 114025

    Eric Mwiti: Inbox/WhatsApp; 0726280326

     

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