Meru dairy far**** have expressed optimism of doubling their milk production from 300,000 to 600,000 litres per day, after the Credit Bank announced plans to support them with Ksh 1 b***ion worth of loans.
This w*** also enable the milk product range increase from milk and yoghurt to incorporate 8 more milk products.
This was announced d****g the fifth Annual Dairy Far**** Open Day in Meru that saw over 20,000 of far**** participate. The ceremony was officially opened by the Cabinet Secretary Agriculture Mwangi Kiunjuri, w** congratulated the input of Meru Central Dairy Cooperative Union into the agricultural sector in Kenya.
The Union was formed in 2005 to market the excess milk from the local far**** which is now the main society of milk far**** in the Mount Kenya region, consisting of over 43,000 dairy far**** and generating a turnover of over Ksh 4.8 b***ion annually.
“Currently the bank is partnering with the far**** and the union to support acquisition through financing and ins****g the machinery, building and livestock. This w*** effectively eliminate the losses that have been eminent in case of ******** in livestock, machinery in case of power s**rtage,” said Isaac Thuiya, the local branch manager for Credit Bank.
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