MSME OLYMPIAD ACCELERATION PROGRAM UNLOCKS GROWTH FOR TARAKWO DAIRIES PLC
In the heart of Uasin Gishu County, along the Nakuru-Eldoret highway, Tarakwo Dairies PLC stands as a beacon of potential within the Kenyan dairy sector. Positioned strategically near Bayete Shopping Center, the nascent enterprise has set ambitious goals, not just to participate in the market but to dominate it as a dairy processing powerhouse synonymous with unparalleled quality, according to Mr. David Muthenya, the general manager.
Processing a remarkable daily milk collection of 12,000 liters, with 40% transformed into a variety of dairy products under the 'milki' brand, Tarakwo Dairies is gaining popularity among local consumers. The remaining 60% is supplied to larger processors after proper chilling, ensuring a consistent and high-quality milk supply.
However, Tarakwo Dairies faced challenges ranging from intense competition and lax regulations to inconsistency in milk quality, financial constraints in marketing efforts, and unpredictable pricing tactics by competitors. Undeterred, Mr. Muthenya joined the MSME Olympiad Acceleration program to seek new knowledge and skills critical for tapping into the expansive African market.
The strategic solutions implemented by Tarakwo Dairies post-training are both multi-pronged and comprehensive. These include enhancing farmers' skills in milk hygiene, diversifying product offerings, seeking new market opportunities, utilizing credit facilities, and pursuing grants. Crafted as foundational elements of a grander blueprint for long-term success, these strategies have garnered a positive market response, even with limited marketing resources, showcasing their effectiveness.
The journey of Tarakwo Dairies through the MSME Olympiad is a testament to the transformative power of strategic acceleration programs in fostering business growth. Looking ahead, Tarakwo Dairies will implement proposals for scaling and seizing market opportunities. Innovating in product development, strategic partnerships, embracing technology for an enhanced supply chain, investing in brand storytelling, exploring regional markets, and adopting sustainable practices are key avenues. By integrating these strategies, Tarakwo Dairies is not only positioned to scale up but also to emerge as a paragon of innovation and sustainability within the Kenyan dairy industry, setting a precedent for others to follow.
The MSME Olympiad Acceleration program has indeed been a catalyst in unlocking Tarakwo Dairies' potential for growth and success.