Standard Chartered Bank Kenya has today launched SC Ventures second portfolio company, TAWI, which aims to connect all players in the food and agriculture value chain.
TAWI, is a fully digital platform that deploys technology to create an e-commerce platform connecting farmers to commercial kitchens in real time hence aligning with StanChart’s business unit’s main objective; to promote innovation, invest in disruptive financial technology and explore alternative business models.
“TAWI’s mission is to create a more connected, trusted and transparent agriculture and food ecosystem while positively impacting farmers,” said Alex Manson, Global Head of SC Ventures.
Speaking during the launch, Cherotich Rutto, Founder and CEO of TAWI noted that since its launch, TAWI has on boarded over five hundred and forty active customers, two hundred and forty return buyers and has delivered over a thousand orders featuring nearly a hundred and fifty products.
This, she highlighted, was an impressive kick-off by a start-up in terms of customer basis.
Testimonies from already active customers noted that TAWI had addressed most of the challenges faced by farmers seeking to sell their produce including lack of a ready market and the use of outdated technology among others.
“Looking at the journey of bringing TAWI to the successful venture it is today, I am proud to be the Board Chair of TAWI,” said Kariuki Ngari.
“TAWI fulfills the objective that SC Ventures sought to achieve; to promote innovation, invest in disruptive financial technology and explore alternative business models,” he continued.
On her part, the Founder and CEO TAWI assured the small-scale farmers of TAWI’s full support towards them by empowering them and training them as well as providing timely deliveries.