The fund, available only to members of the association, will assist dairy farmers to procure inputs, stock feed, vaccines and cattle.
Many farmers have been struggling with serious financial constraints since the land grab disrupted commercial farming activities, especially those which are high tech like the dairy industry.
The chairman of the association, Ajs Kirk, said the fund was meant to boost milk production in the country.
“Dairy farmers have been facing shortages of working capital to acquire inputs,” he said.
“We have resolved the crisis by establishing a fund to assist with veterinary charges, money to acquire stock feeds and for buying cattle.”
Political instability has seen milk production in the country fall from 20 million litres a month to the current 3.5 million over the past decade.
Over the same period, the dairy herd dropped from 192 000 to just 22 000.
Post published in: Business