Small-scale farming is the principal source of livelihood for many in Kenya. Agriculture provides 71 percent of employment and accounts for over 25 percent of Kenya‘s GDP. One of the best ways to increase the incomes and food security of these small-scale farmers is for them to irrigate their land. Appropriate irrigation technologies enable farmers to grow multiple cycles of high-value crops throughout the year, generate higher yields, and most importantly, harvest and sell their crops in the dry season when prices are higher. Irrigated crops in the off-season sell for as much as 10 times more per kilogram than rain-fed crops.
Around 800,000 rural farming families (or around 4 million people) in Kenya could benefit from using pumps. Despite the relatively low cost of this pumps, however, they are still beyond the reach of many poor farmers who often have irregular incomes and find it difficult to pay the large up-front cost of the pump and maintenance i.e. Buying diesel, service ,expertise, pipes just but to name a few.
The solution: Creative financing options to expand technology access for small-scale farmers
As #FarmBoostfund we have a permanent solution to all this. We finance 100% to women and youth groups across the country. on a joint venture basis. Currently we have signed 9 youth groups and 21 women groups who are ready for the program. For us to help this groups realize their dreams we are looking for $ 150,000. With a ROI of not less than 30% in first round.
With our Agronomists and financial experts on board we educate farmer on new ways of doing farming and how to improve their leaving standards through farming and Encouraging farmers to start doing Agribusiness from doing Agriculture.