How DRIVE works
HOW DRIVE PROJECT WORKS
The De-Risking, Inclusion and Value Enhancement (DRIVE) of Pastoral Economies is a Government of Kenya financial intervention project whose aim is to protect pastoral economies against drought risk, increase financial inclusion of pastoralists and better connect them to markets.
The project has two thematic areas, which are mainly implemented by semi-private autonomous institutions on behave of the Government in order to achieve sustainability of the interventions. The thematic areas are; De-risking pastoral production through a package of financial services to build climate resilience and Promoting livestock value chains through trade facilitation and private sector support to better include pastoralists in the livestock value chain and facilitate trade in the Horn of Africa.
De-risking pastoral production through a package of financial services
Development of appropriate Index-Based Livestock Insurance (IBLI) products for the project.
Carrying out of financial literacy through training sessions and management of training platforms
Management of IBLI sales and payments of benefits to pastoralist
Promoting livestock value chains through trade facilitation and private sector support
Carry out promotion clinics for available financial options for investment in the livestock value chains by private investors.
Mobilization, strengthening of producer groups/cooperatives in LVC and capacity building and link them to access markets better and sustainably.
Link the producer groups/cooperatives to access affordable financial services for investment in LVC.