Nairobi — Equity Bank yesterday launched a credit facility for grain farmers to help them in purchasing farm inputs.The facility will benefit both large and small scale grain farmers with the aim of reducing poverty for small farmers and helping them move from subsistence farming to commercial agriculture.
The initiative is dubbed "Kilimo Biashara" and is a joint venture involving Equity Bank, the Ministry of Agriculture, the International Fund for Agricultural Development and the Alliance for a Green Revolution in Africa.It was launched at a Nakuru hotel at a function attended by all agriculture officers from Rift Valley Province.The bank's Marketing and Product Development director Henry Karugu said the partners chose to launch the product in the Rift Valley since it was Kenya's bread basket.He said the credit facility will also be launched in Nyanza, Eastern, Central, Coast and North Eastern provinces respectively.
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