Wednesday, July 18, 2018

HOW HORTICULTURE AND DAIRY FARMERS BENEFITED FROM WATER TANK LOANS





Groups chairperson Mrs.Agnes Bii receiving water tanks
When Bureti residents came together and decided to form a self-help and development group, they never knew what was in store for them, the idea of starting a business venture was at first a herculean task but the will to labor their way to a formidable financial strength would later earn recognition and support from Imarisha Sacco micro-credit department.
According to the group's  Chairperson Mrs.Agnes Bii , Initially the group started as a chama, a merry go round to raise funds for small family needs through little personal contributions. Soon the group grew and ventured on an horticultural project.
One year later the group horticultural project came under  huge  natural challenges as the dry spell began.
The decision to open a savings account with Imarisha Sacco Litein branch was the groups best decision and turning point. 
 All this time the group labored and it was only when they thought of approaching the Sacco for a loan to finance other new venture.
 Through online call to action messages and out bound marketing campaigns by the Sacco,the members  got information on the water tank loan, a product that would finance individuals and  groups to acquire tanks to store rain water,water drawn from boreholes to secure their farm project.
The group approached  the credit managers who advise them to apply for a water tank loan from Imarisha Sacco. Within no time the Sacco approved their application and a 10,000 liter water tank was delivered to the group members.                .
Imarisha Sacco Micro credit manager Mr. Joseph Kirui present during an event to award group beneficiaries said “The Sacco will continue to finance water tanks to members who apply for this loan,"he  further alluded that the loan would be repaid in a period of  72 months and that currently the loan has been  increased to over kshs.78,000 to cater for rising demand and needs.
Imarisha Sacco society has been in forefront in transforming member’s lives through innovation of new products and services.
Management and staff of Litein Imarisha Sacco branch receiving tanks from a supplier.

One of the beneficiaries Mr. Bernard Koech attested that the group’s horticultural and dairy farming is doing well since it has enough water supply through the season.
”I have no problem with water shortage. I can feed my cows well and still have enough supply of water for  household and construction purposes” added Mr.koech who also doubles as an individual member recipient of water tank loan from the Sacco .
Mr Bernard Koech group secretary acknowledging receipt.
Imarisha Sacco now offers variety of Micro credit loans including Soko loans, Chap Chap loans, Muwa loans, Kilimo advance and Kilimo loans.
Open an account with Imarisha Sacco society limited today and you could be the next   beneficiary of the life transforming water tank loans.

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