Agriculture

Faulu Inks Irrigation Deal with Irri-Hub for Kenyan Farmers

April 24, 2024
690 1 minute read
Faulu Inks Irrigation Deal with Irri-Hub for Kenyan Farmers
(L-R) - Irri-Hub Ke Limited Chief Executive Officer Eric Onchonga poses for a photo with Faulu Bank Head of Business Growth & Bancassurance Justus Kittony

Faulu Bank has inked a financing deal with Irri-Hub Ke Limited to empower smallholder farmers in Kenya.

The deal will provide farmers with access to affordable, efficient, and sustainable irrigation products.

What Faulu Will Put on Table

The partnership will provide smallholder farmers with access to the following targeted products:

  • Solar Pumps: Solar-powered irrigation pumps that enable farmers to efficiently utilize renewable energy for irrigation purposes, reducing reliance on costly fossil fuels.
  • Drip Kits: Precision irrigation systems that deliver water directly to the roots of crops, maximizing water efficiency and minimizing wastage.
  • Dam Liners: High-quality liners for constructing on-farm water storage reservoirs, ensuring water retention and minimizing seepage.
  • Solar Dryers: Solar-powered drying systems that enable farmers to preserve and add value to their produce, reducing post-harvest losses and increasing income opportunities.

“We are excited to partner with Irri-Hub Ke Limited to offer innovative irrigation solutions to smallholder farmers,” said Justus Kittony, Head of Business Growth & Bancassurance at Faulu Bank.

Also Read: Products Faulu Bank Offers Women in Business

“By combining our financial resources and expertise with Irri-Hub Ke’s technology-driven products, we aim to empower farmers to adapt to climate change, increase their agricultural productivity, and achieve their financial goals.”

Smallholder farmers will benefit from Faulu Bank’s financial expertise and Irri-Hub Ke’s innovative irrigation solutions.

“Together, we will enable smallholder farmers to harness the power of sustainable irrigation solutions, improve food production, and build resilience in the face of climate change,” said Eric Onchonga, Chief Executive Officer at Irri-Hub Ke Limited.

The Bank will provide accessible financing options to farmers for the acquisition of Irri-Hub Ke’s products, thereby enhancing agricultural productivity, improving livelihoods, and promoting food security in rural communities.

Irri-Hub Ke Limited leverages technology to develop innovative irrigation products tailored to the needs of smallholder farmers.

Their solutions, which include rainwater harvesting technology, solar-powered irrigation systems, greenhouses, shade houses, screen houses, mulching technology, and agricultural nets, enable farmers to increase agricultural productivity, improve nutrition security, and boost incomes.

 

April 24, 2024
690 1 minute read
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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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