revolving fund - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Kericho coffee farmers decry inequality in distribution of coffee revolving fund

Sacco ReviewJanuary 20, 202404 mins

Coffee cooperative societies in Kericho County have called for fairness and equality in the distribution of the Coffee Cherry Advance Revolving Fund (CCARF). Speaking in Fort Ternan during a coffee stakeholders’ forum, Chairman of Kipkelion Coffee Mill Mathew Bore complained of systemic inequality in the distribution of the revolving fund, claiming that societies which supplied…

Chelugui leads Coffee fund sensitization and distribution in Central region

Sacco ReviewJanuary 13, 2024January 13, 202402 mins

The Cabinet Secretary for Cooperatives Simon Chelugui has led the Coffee Cherry Advance Revolving Fund (CCARF) sensitization and distribution campaign in Kiambu, Nyeri, Kirinyaga and Murang’a Counties. According to Chelugui, the Kenya Kwanza administration has initiated key administrative and legislative reforms geared towards restoring the coffee sector to its full glory. “Coffee is one of the…

Farmers to receive Ksh80 per kg in advance for coffee cherries

Sacco ReviewNovember 15, 2023November 15, 202302 mins

Deputy President Rigathi Gachagua has announced that the government will release the coffee cherry revolving fund to farmers soon. He said the government has allocated Ksh4 billion, adding to the Ksh2.7 billion that was earlier allocated, assuring that the government is committed to restoring the glory of the sub-sector as was in the 1980s. “The…

County to introduce Revolving Fund to boost cooperatives

Sacco ReviewAugust 19, 2023August 19, 202304 mins

Kajiado County Executive Committee Member for Gender, Cooperatives, Culture, Tourism and Wildlife Janet Serio has revealed that plans are underway for the county to introduce a revolving fund to boost cooperatives and revive dormant Saccos. Speaking during the regional Ushirika Day celebrations, Serio said the government is committed to supporting cooperatives since they plan an…