Starting a dairy farm especially in Kenya is no easy task. I help you to save time and live more with the most up-to-date lists, guides, reviews, and advice. According to the International Fund for Agricultural Development (IFAD) at least 800,000 smallholder farmers in Kenya depend on dairy farming for their livelihood. The following groups are eligible for a KLIFT loan: 2. Brookside Dairy Ltd This made him vulnerable to exploitation. 100,000 and repaid within 36 months.eval(ez_write_tag([[580,400],'victormatara_com-medrectangle-3','ezslot_3',616,'0','0'])); -Kilimo Biashara Apply For A Farm Animal Loan Anytime. It is a lucrative venture as Kenyans ideally rely on milk for making tea which is a typical Kenyan beverage. Head Office: Machakos P.O BOX 2119-90100 Traders House, Syokimau Rd. With 1.5 million smallholder farmers producing milk, dairy has the potential to greatly contribute to improving the food security and resilience of rural farming families in Kenya. There are various products with varying lending amounts and repayment periods depending on the farmers’ needs. To carter for farmer’s dairy farming needs for sustainable farming. – Insurance cover available. Dairy Farming Loan enables dairy farmers to invest in high breed dairy cows/goats for better productivity and mitigate risk through insurance cover for the cow/goat. Our asset finance loans are tailored for the common mwananchi. Kenya’s dairy sector account for 6-8% of the country’s GDP (USAID/GoK 2009). The average age of a farmer in Kenya is 60; young people rarely want to work in agriculture because they think it’s difficult and not remunerative. This facility is intended for microenterprises dealing in livestock and cash crop production and to agricultural traders and agro-processors. Benefits – Improved livestock breeds. Maximum of 3 months for traders involved in sale and transportation of Livestock. 1 Migori County residents urged to take up dairy farming 2 Migori turns to Tanzania for milk following shortage 3 ... More loans as Kenya eyes another Sh124b Eurobond . They include the dairy farmer, milk vendors, dairy bulkers, milk products transporters etc. Benefits. A dairy farm business loan is a Working Capital Term Loan that can be availed by agriculture labourers, farmers, limited companies, SHGs, registered partnership firms, and dairy co-operative societies. How I secured Sh1.8m loan for my dairy unit Smart Harvest By Gardy Chacha | February 13th 2021 at 06:20:00 GMT +0300 Keneth Munyiri owner of Kenshire Dairy Farm in Kiambu county. Farmers can get a first loan of up to KSh 65,000 shillings (US$742) for a dairy cow. The dairy sector currently accounts for 8 percent of Kenya’s GDP. Dairy Farm Project Report for Bank Loan. They have a loan facility which is lent to farmers through Kenya Commercial Bank. Agriculture Farming. If you have been following the market trends in Kenya and reading inspirational stories like that of Douglas Kanja of Eden Farm and Nancy Karanja of Sanla Farm, you know that dairy farming is the business to go into if you want a rather less rough way into the millionaire club.Yes, it is a less rough way because the market is so big yet largely unsatisfied. Loan amount of Kshs 50,000 up to Kshs 2 million with animals used as security. The Dairy Products loan facility is designed for dairy farming. Dairy Farming Loan enables dairy farmers to invest in high breed dairy cows/goats for better productivity and mitigate risk through insurance cover for the cow/goat. Equity Bank info@agrifinance.org. - Insurance cover available. Call: +254 709 69 20 00 Evidence of farm sale proceeds having been consistently channeled through the account in the last 12 months for multi-banked customers. This … Planning, however, is the big word here! Kiaria did not actually own the farm that we got to visit, instead he was the farm manager. Customer to contribute 20% of the total loan requirement. All Rights Reserved. Landline +254-020-3317199/3272000. Upgrade to a cleaner source of cooking energy. This loan enables farmers, especially those with dairy farming, to acquire the best equipment to produce useful biogas. Our Agribusiness sector is dynamic to include farming and farming-related commercial activities. Poultry Farming Loan. Components of Crossbred Dairy Cow Project: You cannot wake up one morning, check your bank account, buy stuff and start a dairy farm. Hotline +254 788 524 998, +254 704 153 773. customerservice@ agrifinance.org. Grants for Individuals in Kenya Grants for Individuals in Need Grants for New Nonprofits Grants for Ngos in Nigeria 2021 Grants for Ngos in Nigeria 2022 The amount of milk delivered determines the amount of loan a farmer can get. Equity Bank supports all categories of farming activities through the provision of farming inputs and equipment at affordable interest rates. With an estimated population of about 9,350,000 dairy cows, Kenya has one of the largest dairy industries in Africa. This is because financing facilitates acquisition of input resources for improved productivity such as additional dairy cattle, animal feeds, and improved technology and extension services. • 300,000 to 1,000,000 – 18 months To qualify for the loans farmers must provide securities and present a suitable and viable project proposal. You cannot wake up one morning, check your bank account, buy stuff and start a dairy farm. AFC provides loans to individuals or groups carrying out agricultural activities. Majority of farmers who take agricultural loans have a bad experience to tell. This process helps an individual decide what they want going into the venture and also how and what they plan on achieving in the process. How to Start a Profitable Farming Business in Kenya Business Planning. • 5,000 to 300,000 – 12 months The cooperative was founded by 59 members and was then known as Mukuyuni Dairy Value Self Help Group. Email Us . Kenya Women Finance Trust However, despite the sector contributing 8% of Gross Domestic Product with annual milk production of 3.43 billion litres, many farmers have not adopted to technology so as to increase their milk yield. Our country is well-known as one of Africa’s biggest dairy product manufacturers. Interested farmers need not have a remittance account. *A bank representative may call you at any time to obtain further information in line with our KYC process. Dairy Loan, Dairy Farming Loans in Kenya, Dairy Business Loan Donor Funding Agencies in Kenya Embassy Grants Kenya 2020 Embassy Grants Kenya 2021 Embassy Grants Kenya 2022 Embassy of Finland in Kenya Grants Equity Agricultural Loan Equity Bank Agribusiness Loans Farm Africa - Small Grants for Agricultural Innovations in East Africa Farm Africa - Small Grants for Agricultural … This entails rearing of livestock for long term production of milk which can be sold directly to domestic households or dairy firms for processing. – Insurance cover available. The dairy activities should demonstrate adequate capacity to service the loan in timely manner. 5. Development Innovation: Asset-collateralized loans. We shall get back to you. This makes it one of the most profitable investments for farmers in Kenya. Farmers can use this loan to purchase dairy cows, animal feeds and expand dairy farming. https://www.kwftbank. 1.2 million upon payment of Ksh. Brookside Dairy supply farm inputs and animal feeds on credit to dairy farmers. 10 Dairy goat farming: Kenya Women Finance Trust - KWFT MFI Dairy Farming loans: KWFT has a Dairy Farming Loan that enables dairy farmers to invest in high breed dairy cows for better productivity and an insurance cover for the cow purchased. in the dairy sector and cereal value chains. Up to Kshs. With many small farms traditionally lacking access to veterinary care and financial loans, this innovation offers the potential to transform dairy farming in Kenya. Water Loan. Finance your poultry farm with a poultry farm loan. Livestock Farming. Many farms in Kenya have made it through the pandemic tough times with the assistance of Chinese bank loans. Juhudi Kilimo works with 24,000 farmers in rural Kenya. 10 Dairy goat farming: Kenya Women Finance Trust - KWFT MFI Dairy Farming loans: KWFT has a Dairy Farming Loan that enables dairy farmers to invest in high breed dairy cows for better productivity and an insurance cover for the cow purchased.