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Amica Sacco receives Ksh300M to boost agriculture, MSMEs

Sacco ReviewAugust 30, 2024August 30, 202404 mins

Kenya Development Corporation (KDC) has lent Ksh300 million in low-cost credit to Murang’a-based Amica Sacco for lending to farmers and micro-traders. The Sacco, which primarily serves farmers and small businesses, will provide loans ranging from Ksh7,000 to Ksh250,000 at a single-digit interest rate to meet working capital needs. The loans are funded by the Ksh8…

Boost for coffee farmers as they receive Ksh70M grant

Sacco ReviewNovember 3, 2023November 3, 202303 mins

More than 3,000 farmers in Machakos County on Friday received agricultural grants worth over Ksh70 million in form of assorted fertilizers, foliar feeds, pesticides and other farm inputs to boost coffee production from Machakos County governor Wavinya Ndeti. The beneficiaries were drawn from Mukuyuni, Kakuyuni and Kambusu Coffee Cooperative Societies situated in Kathiani, Kangundo and…