Nairobi, Sept. 11 -- Family Bank has partnered with a dairy farming investment advisory firm in a deal that targets about 100,000 farmers with Sh1 billion loans for fodder production.
The lender Thursday said that it will advance the credit through the advisory firm, Performeter Agribusiness Limited, to help dairy farmers meet costs of fodder production.
Family Bank chief executive Rebecca Mbithi said the funding will boost dairy farmers' working capital at a time Covid-19 has hurt their businesses.
"This is why Family Bank in partnership with Performeter has set aside Sh1 billion as financing to enable farmers to access working capital and other financial services to support the dairy value chain and unlock its growth potential to the e...