Decrease in sisal production
Increase in banana roduction
Banana fiber as alternative for cotton & sisal.
Decrease in cotton production
ICOSEED Collects Banana Stem left overs feeds the
Local Market
International Market
Women
Tourists
Carpentry workshops
School going children & women (pads market)
East Africa Craft Market
USA crafts market
European Fair Craft Trade
Asia and Middle East fiber markets
Patrick Muriuki- MD MSc. Leadership & LED; Bsc. Agric;
Zola Madaga- Deputy MD & Marketing manager
Lucy Bundi- Accountant
CPA Kenya
Julius Kinyua: Production Manager; Dip in Management
Grace Wagura-HR Dip in Management &
The Chairman Board of Directors
Veteran Businesss Person in Kenya (14.5% Share)
Dr. R.K. Wanjogu. He is the Vice Chairman . (11.3% Share)
Patrick Muriuki- MD ; MSc. Leadership & LED; Bsc. Agric; Serves a link between Staff & Board; Leads policies (10.5% Share)
Rev. Grace Mulwa. She is the Hon. Secretary . Represents herself & other 18 shareholders (48.7% Share)
Photo Not Available: Rtrd. Major Muriuki; He is the Treasurer. (15% Share)
NET FUND GIA III Award
SAG SEED Award
NETFUND GIA III Award 2016
Switch Africa Green SEED Award 2017
Helped to improve education to banana farmers
Experiencing rising market prices for products from sisal and cotton in Kenya, ICOSEED searched for an alternative and realised the potential of fibre made from banana stems. The enterprise buys banana stems, a by-product of harvesting, from farmers, processes it into balls of fibre and uses them to make marketable products. The products –Paper, purses, table mats, sanitary Pads and other accessories – target schools, middle-class women, including tourists. Slurry from fibre extraction is given back to farmers to make manure or use it for biogas. ICOSEED Team has expertize in Biogas digesters construction.
The enterprise creates alternative income opportunities and jobs for farmers (138,0000), women (83 jobs) and youth (98 jobs) in the production of fibre and in the making of products as well marketing of the same. This gives the enterprise about 13 Million KSh (Euros 830,000 ) annual Turn over (2022 & 2023). The Enterprise is planning to expand the business using profits made to meet the demand both locally and outside Kenya.