Diamond Property unveils foundation

Real estate firm Diamond Property Merchants (DPM) has unveiled a foundation that will focus mainly on education, agriculture, environment conservation and technology transfer.

The non-profit making organisation known as Diamond Property Merchants Foundation will majorly support communities where DPM is implementing projects.

DPM managing director John Ngugi said that in the education segment, the foundation intends to support bright needy children in the communities within which it operates.

“We intend to award 100 students with bursaries in the first one year as well as build school infrastructure,” he said in a statement.

In the agricultural segment, the organisation will give special focus on horticulture.

Mr Ngugi said the strategy is to have the produce sold to local chain stores and external markets, especially the European Union (EU) and the Middle East.

The foundation will also focus on making the communities food secure through increased production of crops such as grains and legumes to supplement dietary requirement for households.

DPM says the technology-transfer segment will focus on helping communities use modern farming methods including the application of mechanical, biological and post-harvest management technologies.

“The foundation will also engage in environmental conservation through planting of trees and construction of water pans to alleviate the effects of drought on livestock,” said Mr Ngugi.

PDM Foundation also plans to work with various partners to uplift the status of women through anti-FGM campaign, social protection initiatives, girl-child education, among others.

The company won the 2016 edition of the Top100 SMEs survey that tracks businesses with an annual turnover of between Sh70 million and Sh1 billion.

The real estate firm attributed the win to teamwork and aggressive marketing on various media platforms which had helped it grow revenues as well as expand operations