INTRODUCTION:
KWFT is a vanguard in supporting the success of the Sustainable Development Goals objective of ending poverty and protecting the planet to ensure that by 2030 all people enjoy peace and prosperity.
This can be achieved by proactively supporting farmers in various value chains in Kenya to embrace modern and best farm practices which will contribute to food security and improved health and consequently spur economic growth in the Country.
The agriculture sector in Kenya continues to play a vital role in the rural economy, and with most of our clients being farmers both in the large scale and small scale sectors, it is imperative to support their efforts and thus KWFT has patented with like-minded partners enhance the Agribusiness Portfolio sustainably.
About Kenya Investment Mechanism (KIM)
This a five-year USAID program that is facilitating $520 million in investment for key sectors of Kenya’s economy, including agriculture, and for regional trade and investment opportunities under the Prosper Africa initiative. The program supports the mobilization of private investment and accelerates enterprise-driven development.
Partnership with KWFT
KWFT’s partnership with USAID’s Kenya Investment Mechanism (KIM) – is a 5 year Results Based Financing (RBF) project implemented by Palladium aimed at encouraging KWFT and other FI’s to lend to small holder farmers in 20 Kenyan Counties. (Homa Bay, Migori, Kisii, Kisumu, Siaya, Kakamega, Bungoma, Busia, Vihiga, Kitui, Makueni, Taita Taveta, Isiolo, Marsabit, Turkana, Garissa, Wajir, Kiambu, Nakuru, and Mombasa)
Impact
- 33,406 farmers have benefited and have grown their farms into profitable and sustainable business ventures.
- Kshs 34,228,689 disbursed to farmers in the 20 counties.
About EADB
EADB is mandated to provide financial and related assistance to enterprises in the member States which, by their activities, were expected to make a positive contribution to socio-economic development in the region.
Partnership with KWFT:
KWFT partnered with EADB to support large scale farmers.
Impact
- 11 farmers have benefited in various agri-value chains.
- Kshs 21,558,763.08 disbursed as at 31st December 2021.
- Qualifying disbursements – Minimum EUR 10,000 (KES 1.3M).
About Mediae
Founded in 1997, Mediae is a small social enterprise that’s committed to addressing the informational needs of East Africans through sustainable and research-based media productions.
Partnership with KWFT
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KWFT has partnered with Mediae for the production of one their flagship programs – Shamba Shape Up.
Shamba Shape Up
This is a reality TV show, which is filmed in small holder farms to address the problems farmers face and share solutions to support them to increase their yields, incomes and improve their livelihoods.
The partnership will see KWFT and Mediae (producers of Shamba Shape Up) jointly develop financial literacy content targeting farmers in rural and peri-urban areas across the country. It will feature 18 episodes of Shamba Shape up.
- The content will be aired on National TV (Citizen TV), DSTV and a number of free to air digital channels in English and Kiswahili.
- The content will reach a total of 7 Million viewers weekly among them are the small holder farmers.
Impact
- To educate 7M farmers on best farm practices to improve their yields.
- Grow the economy through agribusiness.
JANE WANGECHI: A PAIR OF HARDWORKING HANDS
Gifted in mobilizing people for a noble cause, Jane Wangechi Waiguru- a KWFT’s customer is able to educate her children to very high levels, through successfully strawberry farming
STELLA NJOROGE:EARNING A FORTUNE FROM PIG FARMING
With financial support from KWFT, enterprising woman dares to dream big. Starting with only two pigs, she now sells an average of 20 baconers every month