Nation Correspondent
23 September 2008
Nairobi — The Kenya Planters' Co-operative Union is setting up a sustainable input credit system to boost production. The coffee miller and marketing firm hopes the move will help it reclaim its foothold.
According to acting managing director Selasio Mbogo, setting up of a sustainable credit system in a liberalised environment remains a serious challenge to the industry.
"Many of the problems dogging the industry are as a result of the breakdown of the input credit system following the entry of new players into the industry," Mr Mbogo told the Nation in Nyeri.
He said his firm will, however, avoid duplicating the services being offered by the Coffee Development Fund or the Co-operative Bank.
"We are discussing with these partners so that we do not duplicate what they are doing. The fund's credit system needs some fine-tuning and we would like to moderate and improve if we establish some partnership with the fund," Mr Mbogo said.
He said the organisation was also willing to establish partnerships with other stakeholders to return the industry back on track.
"We want to establish business partnership with all players in the industry to return the industry back on track. There's no need for suppliers and marketers to construct warehouses when they can use our Dandora warehouse," Mr Mbogo said.
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