Business: Ebenezer Agro-Stores
Location: Makutano Cherangany, Kitale
Years in Operation: 7 Years
Amount Needed: $2500
Paul Maina Warau is a multifaceted businessman from Makutano area of Kitale (Trans-nzoia County). He has a retail shop, operates a matatu business as well as being an M-PESA and Cooperative Bank Agent dealer. In addition, he is an Agro-dealer (Ebenezer Agro Stores), and also a small holder tea and dairy farmer. His businesses enable him to comfortably provide for his family of four children and one wife.
Paul through the Kenya Cereal enhancement Program (KCEP) wishes to supply more varieties and better quality farming inputs to the 110 farmers allocated to him through the KCEP program. KCEP is a strategic public-private partnership between the Government of Kenya, the European Union and the International Fund for Agricultural Development and Equity bank to reduce cereal deficit and promote food security. The $2500 loan will furnish him with the financial and technical capacity to stock the required inputs and comply fully with the conditions set by the financial institutes (Equity Bank) that have partnered with KCEP.
With this working capital, Paul will ensure timely supply of quality, recommended inputs and other services to the 110 KCEP allocated farmers through the e-voucher scheme as well as other farmers in his locality who aren’t necessarily in the program. The value adding fertilizer and recommended cereal seed types will ultimately increase these small holder farmers’ incomes as they will realize higher returns on production and processing. Paul will also help the farmers’ post harvest management through provision of drying mats for cereals and pulses and also treated storage bags and sacks for their harvest.
We at Moto Hope Micro-Lending are excited to join Paul Maina Warau and the Government of Kenya through KCEP to improve food security in Kenya by increasing the production of cereal staples as well as increasing incomes of small holder farmers.