{"id":2313,"date":"2023-04-12T14:01:07","date_gmt":"2023-04-12T14:01:07","guid":{"rendered":"https:\/\/kenyatopstories.co.ke\/?p=2313"},"modified":"2023-04-12T14:01:07","modified_gmt":"2023-04-12T14:01:07","slug":"agricultural-finance-corporation-afcs-big-goodies-to-the-local-investors","status":"publish","type":"post","link":"https:\/\/kenyatopstories.co.ke\/index.php\/2023\/04\/12\/agricultural-finance-corporation-afcs-big-goodies-to-the-local-investors\/","title":{"rendered":"Agricultural Finance Corporation (AFC)&#8217;s big goodies to the local investors"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"682\" height=\"1024\" src=\"https:\/\/kenyatopstories.co.ke\/wp-content\/uploads\/2023\/04\/IMG-20230412-WA0099-682x1024.jpg\" alt=\"\" class=\"wp-image-2314\" srcset=\"https:\/\/kenyatopstories.co.ke\/wp-content\/uploads\/2023\/04\/IMG-20230412-WA0099-682x1024.jpg 682w, https:\/\/kenyatopstories.co.ke\/wp-content\/uploads\/2023\/04\/IMG-20230412-WA0099-200x300.jpg 200w, https:\/\/kenyatopstories.co.ke\/wp-content\/uploads\/2023\/04\/IMG-20230412-WA0099-768x1152.jpg 768w, https:\/\/kenyatopstories.co.ke\/wp-content\/uploads\/2023\/04\/IMG-20230412-WA0099.jpg 853w\" sizes=\"(max-width: 682px) 100vw, 682px\" \/><\/figure>\n\n\n\n<p>By Jeff Kizzilah<\/p>\n\n\n\n<p>The AFC has launched a transformational agricultural financial platform to help innovative farmers in kenya.<\/p>\n\n\n\n<p>The Corporation has promise to support innovative young farmers through affordable credit to realise their agricultural programmes.<\/p>\n\n\n\n<p>AFC receives loan applications totalling to over Ksh 15 billion annually but only able to avail about Ksh 4 billion due to resource constraints.<\/p>\n\n\n\n<p>However in 5 years the Corporation has been able to disburse over 20billion to all actors in the agriculture sector.<\/p>\n\n\n\n<p>Speaking during AFC investors engagement under the ttheme &#8221; Transformation Through Financial Inclusion and Innovation &#8221; forum Mr. George Kubai Managing Director AFC said the institution has embacked on a transformation and big investment needed in the agricultural sector.<\/p>\n\n\n\n<p>Through this,he says AFC is going to impact over 2.6 million players with a special focus on women and youths including smallholders and agri-MSMEs.<\/p>\n\n\n\n<p>Mr.Kubai said is about data with professional and digitally motivated for sustainable development to support food security.<\/p>\n\n\n\n<p>&#8220;Its worth noting that the wholesale lending model which was developed through the support of AGRA IFAD and the National Treasury has been tested with sight SACCOs borrowing over Ksh 1 billion with less than 1% Non performing loan,&#8221;Kubai said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jeff Kizzilah The AFC has launched a transformational agricultural financial platform to help innovative&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2313","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/posts\/2313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/comments?post=2313"}],"version-history":[{"count":1,"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/posts\/2313\/revisions"}],"predecessor-version":[{"id":2315,"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/posts\/2313\/revisions\/2315"}],"wp:attachment":[{"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/media?parent=2313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/categories?post=2313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kenyatopstories.co.ke\/index.php\/wp-json\/wp\/v2\/tags?post=2313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}