{"id":7056,"date":"2021-06-10T17:40:57","date_gmt":"2021-06-10T16:40:57","guid":{"rendered":"https:\/\/selfhelpafrica.org\/us\/?p=7056"},"modified":"2021-06-10T17:41:02","modified_gmt":"2021-06-10T16:41:02","slug":"covid-fund-protects-agri-business-jobs-and-markets","status":"publish","type":"post","link":"https:\/\/selfhelpafrica.org\/us\/covid-fund-protects-agri-business-jobs-and-markets\/","title":{"rendered":"Covid Fund Protects Agri-Business Jobs and Markets"},"content":{"rendered":"
A Kenyan horticultural company that lost much of its export business to Europe during the pandemic, is \u2018reinventing itself\u2019 with support from a Self Help Africa managed business fund, to allow it to protect jobs and markets for hundreds of smallholder farmers from which it purchases.<\/p>
Pandemic response funding received from the AgriFI Kenya Challenge Fund is enabling Instaveg Ltd to build a new packing plant, create a new refrigerated transport hub and establish new farmer training extension services in Kenya\u2019s Eastern Region. The business is also securing new quality assurance certification to allow it\u2019s farmers to benefit from an increased price for their produce.<\/p>
Instaveg employs 69 people and buys from close to 300 farmer producers of a range of produce including French beans, courgettes, baby corn and peas, in Kirinyaga, Laikipia, and Nyeri counties, in Kenya.<\/p>
Company director Ashibon Mwangi says that their business, established in 2014, was severely impacted by the pandemic, as they had been exporting up to 90% of all of their fresh vegetables to European markets before Covid-19 shutdowns.<\/p>
\u201cWe have had to reinvent ourselves. We\u2019re upgrading our operations, improving quality assurance, logistics and extension services to local farmers. This work will benefit the company, ensure markets for close to 300 farmers, and ensure that they get better prices for their goods,\u201d he said.<\/p>
The AgriFI Kenya Challenge Fund is backed by the European Union and Slovak Aid. It is designed to create new markets for smallholder farmers, and jobs in Kenya\u2019s agri-business sector.\u00a0<\/p>