Despite the diverse financial institutions in Kenya, there is still a reluctance from financial service providers (FSPs) to invest in smallholder irrigation because of the perceived high risks of agriculture related to weather unpredictability, pest & disease outbreaks, low entrepreneurial attitude of many farmers, price fluctuations of crops, poor infrastructure, and poor market information. The “Smart Finance for Smart Water Solutions” master class organized by WARREC/JKUAT in collaboration with SNV Netherlands held in Nairobi on July 20th, 2018 convened key financial service providers, DFI’s, impact investing stakeholders and irrigation solutions providers to stimulate debate on the potential financial models that could unlock the opportunities in financing the smallholder irrigation value chain in Kenya.
For more information:http://www.jkuat.ac.ke/finance-drawback-in-upscaling-smart-water-technologies-to-farmers/