Blockchain in Africa: The next frontier

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Blockchain in Africa: The next frontier

Special Correspondent - September 19, 2018

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Dennis Ngari, a resident of Rianjeru village in Embu County, faced significant challenges due to water scarcity in the semi-arid region. The community depended on a World Bank-funded water project, which often ran dry during the harsh dry seasons. As the sole breadwinner, Dennis struggled to provide enough water for his farm and his family's needs, forcing him to make long trips on his boda-boda to fetch water from distant sources. His farm, located near a river, had to compete with other farmers for the limited water supply, leaving his family in a constant struggle. In February 2021, Dennis found a lifeline through BIMAS microfinance. He received a loan of Ksh 42,000 to buy and install a 6,000-liter water tank at his home. This loan transformed his life. With a reliable water supply, Dennis's farm flourished, and his boda-boda business stabilized. The constant access to water allowed him to tend to his crops year-round, even during the dry seasons. Now, Dennis and his family are planning to expand their business, aiming for another loan to purchase a 10,000-liter tank to ensure an ample water supply for their growing farm. Grateful for the support, Dennis says, "BIMAS came to my rescue when I was about to give up on farming. Now, I can farm in all seasons without worrying if the rivers run dry. My farming business has flourished since joining hands with BIMAS. We can nurture our farm day or night, rain or shine." Dennis's story is a shining example of the positive impact BIMAS has had on his life and his family's future.

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Tag: Blockchain in Africa

Blockchain in Africa: The next frontier

MOST POPULAR

UBA Bank to offer payment solutions to regional lawyers

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