Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Sugar stakeholders reject proposed changes to sector financing. Industry players warn KADCO could weaken accountability. MPs defend the plan as a solution to agriculture’s funding gaps. Sugar farmers and industry players have rejected proposed changes to how their sector is financed under the Crops Laws Amendment Bill, 2026. They told a National Assembly committee the…
AFC wins global award for outstanding business sustainability. It becomes the first Kenyan institution to earn SSCI certification. Award recognises its focus on climate smart financing for farmers. Agricultural Finance Corporation (AFC) has been recognised at the Global Sustainable Finance Conference held at Karlsruhe City Hall in Germany, winning the “Outstanding Business Sustainability Achievement” award….
CS Oparanya has urged financial institutions to design products around the realities of farming, recognizing alternative forms of security while aligning repayment schedules with production cycles. The government has moved to place cooperative societies at the centre of its plan to widen smallholder farmers’ access to affordable credit and speed up the transformation of Kenya’s…
An audit on the Agricultural Finance Corporation (AFC) has revealed systemic mismanagement, fraud, and operational failures that could cost taxpayers and farmers hundreds of millions. The findings, released by Auditor General Nancy Gathungu, paint a picture of a government agency in disarray, struggling to recover loans, manage payroll, and safeguard public funds. The review, covering…
By Sacco Review reporter Over 70,000 farmers have benefited from loans worth Ksh 1 billion since the inception of the Agricultural Finance Corporation’s (AFC) cheap credit scheme in 2018 that targets to benefit women on agri-finance in Kenya. The money was accessed through Saccos, microfinance institutions and Micro, Small and Medium Enterprises (MSMEs) with AFC…
