Kango Microfinance Ltd
Kango Microfinance Ltd is an agrifinance company that supports rural women and youth in agriculture and small businesses with the purpose of creating jobs, increasing the income levels of farmers, increasing food security in the community and promoting sustainable agricultural practices.
Kango offers financial and market information, trainings and technical support to rural women who want to launch into agricultural activities or improve those. Financial inclusion systems enables them to conduct their savings and borrow digitally as compared to before when saving money in metallic boxes that were kept im their houses was the norm, which was more risky. Kango builds up a network of farmers, where the connection of members can help spread farming method knowledge.
- Empowering women and youth by increasing farmers group networks and give them financial literacy
- Promoting healthy, nutritious and organic foods within the community
- Increasing permanant and temporary job opportunities
- Supporting farmer groups to grow 45,000 fruit trees by 2025.
- Conducting trainings to promote the usage of organic fertilizer and pesticides
- Increasing soya bean harvest of the farmers from 5000kgs in the first to 75 tonnes in the second season.
- Creating multiple permanent and temporary job opportunities
- Increasing income for participating farmer networks
- Raising the financial independence and literacy rates within the community
Partners
Akaboxi Tech is supporting Kango with the promotion of financial inclusion and digital agriculture through their financial management systems; promoting transparency and accountability through data and record management.
Soya Bean Africa Ltd. supplies the enterprise with soya bean seeds.
Suatech4Africa are both financial and nonfinancial mentors.
Ukuumbi and Imuuka are both offering non financial mentorship.
