The United States Agency for International Development last week launched a $6 million program to support small businesses and financial institutions in northern Kenya that are looking to implement climate-smart practices and enhance their resilience to climate-related challenges.
Nairobi, Kenya — The region suffers from recurring droughts; when it does rain, it often floods and causes people to lose their livelihoods.
Abubakar Aidarus is the head of Solargen, an organization that provides power sources and irrigation tools to farmers in Garissa and Wajir counties. Solargen received $500,000 from USAID last year."We are from this area. We understand that the services are needed, and they are excluded from the financial systems and the grid as well," Aidarus said."There is no access to energy.
"USAID KUZA is coming in to bridge the gap in terms of providing access to financial services but also providing incentives in form of financing, catalytic financing," Mayaka said."This financing goes into the missing links in terms of provision of water, provision of technical assistance to some of the clients, providing the access to finance but also providing some of the services to the communities. And this is cascaded down to the communities.
For small and medium enterprises , Aidarus added, having constant, reliable and affordable power increases their income.
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