Monday, December 23, 2024

How Co-op Foundation is impacting lives of youth through agriculture

How Co-op Bank is saving farmers losses with the Agribusiness Bancasurance - Bizna Kenya

There is need for the youth to participate in agriculture. However, most of them are unsure what the returns and point of entry into this sector are.

Accounting for over 70% of our country’s exports, the agricultural sector is the primary source of livelihood for most households. Majority of those engaged in agriculture are smallholder farmers.

The rate of population growth is likely to reduce the rate of land ownership and size of farms even further. Therefore, given that land is an asset with strong cultural connotations, very few youth in future will have access to this precious commodity for them to participate in agriculture.

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However, there is still hope as demand for agricultural produce is on the rise globally, with projections that Africa has the potential to feed the world. The end result is the creation of endless opportunities for the youth. Studies that have been conducted by various players show that there are several sub-sectors in the agricultural sector with opportunities for young people.

An example is the dairy sub-sector which shows that the present levels of production do not meet the demand in rural and urban communities. This implies that there is ready market for milk and milk products.

Assessing the dairy value chain therefore reveals several opportunities that one can pursue as an individual or within a group. To meet the demand, there will be need for increased milk production. Increased production requires improved feeding practices and disease control. In turn, this presents good opportunities for agro vet shops and feed production enterprises. In addition, access to markets by dairy farmers requires transport; this creates yet another opportunity for those with motorbikes and bicycles to offer transport. Lastly, value addition offers more and better opportunities as it enhances the shelf life of dairy products thus ensuring a steady supply irrespective of the season.

NCBA

About Co-op Foundation

Co-operative Bank Foundation is a registered trust established in 2007 in recognition of the need to enhance the existing Corporate Social Investments by Co-operative Bank of Kenya. We promote long-term economic prosperity and quality of life based on the belief that “if our people prosper, we prosper”.

Interventions of Co-operative Bank Foundation anchor on challenges faced by communities in adjusting to the rapidly changing environment. Community members with low economic opportunities have weak coping mechanisms that hinder their participation in development. We are therefore keen on contributing to economic development while improving the quality of life in our communities.

 Co-op Foundation Focus

As Co-op Foundation, one of our key focus areas is providing access to sponsorship, guidance and mentorship for children/young people particularly those from disadvantaged backgrounds.

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Co-op Foundation Key Pillars

  • AGRICULTURE

    Co-op Foundation supports small-scale farmers through organized groups to facilitate increased income.
  • EDUCATION

    Co-op Foundation provides scholarships to bright but needy students thereby enhancing access to quality education.
  • ENVIRONMENT

    Co-op Foundation promotes best practices in environmental protection, especially in rural areas.
  • HEALTH

    Co-op Foundation facilitates access and support the delivery of health services among the poor.
  • YOUTH & WOMEN EMPOWERMENT

    Co-op Foundation builds capacity and ensure financial inclusion for groups and organizations.
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