AFC agricultural lending - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Livestock takes nearly half of AFC’s Sh19.91B loans

Sacco ReviewOctober 13, 202606 mins

Livestock farming has emerged as the largest beneficiary of AFC’s agricultural lending since 2022. Saccos and microfinance institutions are helping extend agricultural credit to farmers through a dedicated financing facility. Agro-processing remains a smaller part of AFC’s lending despite its potential to boost value addition in agriculture. The Agricultural Finance Corporation (AFC) has advanced Ksh19.91…