We start this year with the second phase of our seed loan distribution program, which has reached 250 smallholder farmers from Kakoma and Kiwe. This initiative follows the successful first phase, where 200 farmers benefited from the program.
Under the program, each farmer receives 5 kilograms of certified rice seeds as a loan and returns 10 kilograms after harvest. Homes Industries then buys the surplus from the farmers, ensuring a sustainable market for their produce.
Expanded Reach Through Partnerships
Previously, Homes Industries supported only 100 farmers annually. However, with the support of the United States African Development Foundation (USADF). This collaboration has enabled us to support more farmers with certified seeds and access to improved farming techniques.
Improved Yields and Practices
Last season, farmers under this program recorded impressive yields, thanks to the use of certified seeds and adoption of modern farming practices. At Homes Industries, we strongly discourage seed recycling and encourage farmers to invest in fresh seeds each season to maximize productivity.
Sustainability Plan
The seed loan initiative operates under a revolving seed fund, where the repayments from farmers are reinvested to purchase seeds for subsequent seasons. This approach ensures that the program remains self-sustaining even after external funding phases out.
Looking Ahead
We remain committed to empowering smallholder farmers and contributing to food security in Malawi. Building on the success in Kakoma and Kiwe, our next stop for the seed loan distribution initiative will be Nkhata Bay. We look forward to reaching more farmers and making a lasting impact in Malawi.