PASS Trust Managing Director, Nicomed Bahay, told the Guardian that the new goat fattening will be implemented at a site which is currently constructed in Kongwa district, Dodoma region.
He said that construction of the site is expected to be completed early next month whereby 10 young entrepreneurs engaged in livestock keeping will be trained on how to fatten 1000 goats. He said the goats will then be sold to various livestock markets in the country.
“So far, we have spent about 200m/-, but our target is to spent 400m/- upon completion of the project. Our plans are to establish similar training facilities in different regions across the country”, said Bahay.
According to him every entrepreneur will have to fatten 100 goats after the training in a period of between 45 and 60 days. He said fattened goats are sold at good prices.
“Those who will perform well will be guaranteed to acquire bank loans of not more than 100m/- to be able to establish their own projects”, Bahay noted adding they are implementing the project in collaboration with Sokoine University Graduate Entrepreneurs Cooperative (SUGECO).
He said PASS Trust through AIC is also providing mindsets transformation and farming training to the youth. He said the youth are trained on horticulture especially tomato farming using green houses as well as livestock, with keen interest on goat fattening.
PASS was established in the year 2000 under the Agricultural Sector Support Program in collaboration with Denmark’s DANIDA and Swedish government with a mission to facilitate access to financial and business development services for agribusiness entrepreneurs in Tanzania.
PASS operated as a project until the year 2007 when it was registered as a Trust, a not for profit organization with the same mission.
Currently, PASS Trust is working with 15 banks that include CRDB Bank Plc, NMB Bank Plc, TIB Development Bank, African Banking Corporation Ltd, Akiba Commercial Bank Plc, Bank of Africa Tanzania Ltd, Amana Bank Ltd, Equity Bank Tanzania Ltd and Mkombozi Commercial Bank Plc.
Others are Access Bank Tanzania Ltd, TPB Bank Plc, Vision Fund Micro Finance Bank Ltd, Azania Bank Limited, NBC Bank Ltd and Tanzania Agricultural Development Bank.