Cow fattening farm in Chalinze lauds TADB’s financial support

30Dec 2023
Correspondent
CHALINZE
News
The Guardian
Cow fattening farm in Chalinze lauds TADB’s financial support

CANBE Farming limited, a local-based cow fattening farm has hailed the Tanzania Agriculture Development Bank (TADB) for supporting them with a 1.5bn/- loan which has greatly helped improve infrastructure and operations at the area.

Located in Chalinze, Coast Region, the 1000-acre farm at Mazizi village has been engaging with animals rearing specifically fattening cows to bring value.

 

Speaking to editors who visited the farm recently, Ephantus Mwangi, the farm’s manager said that the bank has been of great support for its development as well as the surrounding Maasai community who have also benefited from the loan.

 

“We have conducted major improvements of our livestock keeping infrastructure as well as a pasture farm, we have been fattening cows to reach 150kgs thus adding value and income, this is a big step from the previous ones when we were rearing livestock traditionally who are reaching 70kgs,” he said.

 

According to him, they are also slaughtering 10 cows compared to five which they were slaughtering in the previous period which is a great step in reaching more in the market.

 

“We were not getting any income when we started this project, operations costs were too high which included purchasing pastures for the animals, but now things are going well as we have our own pasture growing farm which are important for fattening the cows,” he asserted.

 

TADB business officer, Kezilahabi Jumanne said in different phases since 2020, the bank has been supporting farmers in the Canbe cattle fattening farm with loans in order to increase quality of the product and incomes.

 

According to him, initially, the bank issued a 320m/- loan for the improvement of the farm’s infrastructure and a 810m/- loan to eight Maasai people for the procurement of cattle to small-scale pastoralists.

 

“In this farm, Maasai communities have entered into agreement with the farm owner for the fattening of cattle and later for slaughtering before transporting the meat to the market in Dar es Salaam,” Jumanne explained.

 

The officer also said that the bank has provided 650m/- in loan to help reduce operations costs in procurement of pastures.

 

He said that the bank will continue improving and expanding services to reach farmers in various parts of the country.

 

 

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