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Ndumberi dairy co-op taps Family Bank Sh1bn fodder funding plan
Wednesday March 10 2021
By BRIAN NGUGI
Summary
Ndumberi Dairy Farmers Cooperative Society in Kiambu County has become the first to tap credit from Family Bank’s recently launched Sh1 billion loan programme that finances fodder production.
The cooperative, which boasts about 1,000 farmers, said it hopes the access to better quality fodder through the programme will help to double its milk yield to 30,000 litres per day.
Family Bank last year partnered with a dairy farming investment advisory firm Perfometer Agribusiness Limited in the programme dubbed CashCow Initiative, which is targeting about 100,000 farmers.