Demand for chicken is soaring in developing countries like Nepal, where 40 percent of the population is undernourished. But the $240 million poultry industry here is fragmented and dominated by small farmers. Historically, farm practices have been poor and productivity is low.
IFC set an ambitious goal for the region: To help farmers become more efficient and earn more. Thanks to funding from the UK and Norwegian governments and the Global Agriculture and Food Security Private Sector Window, IFC was able to team up with local feed producers and hatcheries.
Improving poultry feed quality, providing healthier chicks, and providing training to more than 4000 Nepali farmers, including 1,700 women.
In August, IFC and ÂÒÂ׺£½Ç announced a $3.8 million investment in Priobiotech, a local feed producer and one of the two companies which provided training to farmers.
Farmers in Nepal now have much improved access to higher quality feed and healthier chicks. More than half of the trained farmers were women, who reduced costs by 18 percent on average.
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