What are the available SME financing models in Kenya? Can SMEs in the Agriculture sector access viable financing to move them beyond subsistence and smallholder farming? Increased access to finance in agricultural value chains can boost yields and promote value addition.
The Kenya Vision 2030 underscores value addition and marketing efficiency as one of the priority areas under the economic pillar. Limited value addition to commodities implies reduced net returns to farmers limiting agricultural financing and denial of other multiplier benefits. Indeed, export of raw produce implies the giving away or export of the jobs to our export markets. The government is committed to build capacity in product value addition in six value chains: coffee, horticulture, honey, fish, milk and mangoes. What are the SME opportunities in accessing finance in these value chains?
|Maarten Susan,Regional Director, FACTS||Arthur Muchangi,
Ag. Director Retail & Business Banking Division, Co-operative Bank Kenya
|Mr. Lucas Meso,MBS ,Managing Director, Agricultural Finance Corporation|