Monday
April 12
2021

Family Bank Gives $4.6 Million to 17 Counties in Kenya for Farming

Family Bank has entered a partnership with USAID’s Kenya Investment Mechanism, committing to disburse loans worth 500 million shillings.

The Bank is targeting Homa Bay, Migori, Kisii, Kisumu, Siaya, Kakamega, Bungoma, Busia, Vihiga, Kitui, Makueni, Taita Taveta, Isiolo, Marsabit, Turkana, Garissa and Wajir counties.

“The agri-business sector faces challenges accessing affordable credit and technical support. Through this partnership, we will provide affordable credit and capacity building to our SME customers to nurture sustainable agri-businesses,” said Family Bank Chief Executive Officer Rebecca Mbithi.

Photo courtesy of CIAT.

Source: Soko Directory (link opens in a new window)

Categories
Agriculture, Investing
Tags
agribusiness, agriculture, emerging markets, farming, impact investing