LIVESTOCK INSURANCE PROJECT TO PROTECT MAKUENI FARMERS AGAINST DROUGHT RISKS

Farmers in Makueni are set to benefit from insurance project designed to cushion their livestock against drought risks, enhance financial inclusion, and better connect them to markets, says Agriculture Executive Joyce Mutua.

The project allows farmers to insure upto 5 topical livestock units. To be eligible to benefit from financial bonus, farmers must insure at least three tropical livestock units, which is equivalent to three heads of cattle or 30 sheep or goats, at an approximate cost of Sh. 800 per unit. The project will pay 80% of the insurance premiums for the first year while the farmer pays 20 %. Such farmers will receive a one-time savings bonus of Sh. 6000.

The project, named De-Risking, Inclusion, and Value Enhancement (DRIVE), is funded by the World Bank and global risk financing facility and will also focus on promoting key livestock value chains. These include fodder and livestock feed production, livestock trading, commercial off-takes and feed-lotting, livestock transport, extension services, and infrastructure development for value addition such as abotoirs, milk and ghee, tanneries among others.

Registration of animals to be insured will be done in July, paving the way for the project to start in Makueni in October 2024.

 It will target five specific insurance units, validated by key stakeholders last week. These units are:

Athi zone: Covering Mtito-Andei, Masongaleni, Kikumbulyu North and South, parts of Makindu, Nguu-Masumba, and Emali-Mulala wards,

Thwake zone: Covering Kithuki-Kitise, Nzaui-Kilili-Kalamba, Muvau-Kikumini, Kathonzweni, Mavindini and Wote-Nziu wards,

Kalako area: Covering Kalawa and Kako-Waia wards,

Chyullu zone: Covering Ivingoni-Nzambani, Thange, Nguumo, and parts of Makindu wards, and

Konza zone: Covering lower Mbitini, lower Kasikeu, and Kiima-Kiu-Kalanzoni wards.