Agricultural Financing

Tractors For Africa T4A

Nonprofit introduces cheaper Pay-As-You-Go model of tractor ownership

By George Munene Global nonprofit Heifer International has partnered with Hello Tractor to introduce a Pay-As-You-Go (PAYG) rent-to-own tractor financing program. Dubbed Tractors 4 Africa (T4A), it will enable Kenyan and Nigerian agri-entrepreneurs to become tractor owners at a reduced cost and without requiring any security given they have a farmer network. The financing model will …

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Kenyas arid livestock farmers

KCB, USAID Sh100M fund to finance Kenya’s arid livestock farmers

By George Munene The Kenya Commercial Bank (KCB) and the United States Agency for Development (USAID) have inked a two-year deal that will mobilise Sh 100 million to finance livestock farmers in Kenya’s arid and semi-arid lands (ASALs). “This deal will help us link arid livestock farmers to markets, provide access to credit for small-scale …

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