Lowell Investments Ltd
Sustainable Dairy Farming to empower and eradicate Poverty in rural areas of western Kenya
About 79 per cent of Kenya’s population lives in rural areas and relies on agriculture for most of its income. Nearly half the country’s 40 million people are poor, or unable to meet their daily nutritional requirements. The vast majority of poor people live in rural areas. Although in some respects conditions have improved since the early 1980s, the poverty rate has remained steady at about 48 per cent. There is high potential in Bungoma area as most people in the community do not practice Dairy farming.Lowell is embracing the zero grazing model of dairy production because of the many benefits accruing from it. Having Brought up in Transzoia District and having a passion in dairy plus a combination of working experience in a dairy industry,We believe we have what it takes to empower the community through employment,eradicate poverty and take Lowell to greater heights in terms of revenue, profitabilty
Dairy production is a major activity in Kenya’s livestock sector and an important source of livelihood for nearly a million small-scale farmers. With an average national family size of about six persons, the sector supports nearly 5 million Kenyans who rely on daily income from milk sales. The industry is one of the most developed in Kenya with estimated annual revenue close to , and contributes between 6-8% of GDP. The economic development and employment opportunities created by increased milk production, improved marketing channel efficiency, and greater consumer demand for affordable dairy products are enormous. Increasing effectiveness and developing an efficient dairy marketing and support system through the dairy Small Business Organizations (SBOs) for smallholder farmers is therefore crucial in achieving the twin Millennium Development Goals of reducing poverty and ending hunger in Kenya.(KDSCP)
This is profitable sector and like many other businesses, requires focussed and astute management for success. The Bungoma area is largely a milk deficit area(from past government statistics) as the demand far outstrips supply, hence my investment will go a long way in helping to breach the gap.This will enable to Lowell to grow its revenue by 50% in year five
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