Kingdom Bank has introduced a new financing facility to small scale farmers from as low as Sh10,000 in a bid to help them boost their farm output.
The bank said it was ready to help farmers increase their farm output or get new equipment or increase the working capital with the new Kilimo Bora Agri Loan that facilitates financing from as low as Sh 10,000.00.
“Whether you’re looking to increase your farm output, get new farm equipment or increase your working capital, we can support you with a Kilimo Bora Agric Loan from a low as Ksh10,000,” said the Bank.
The rapidly expanding Bank that recently opened a branch in Meru, said Kilimo Bora Agri Loan could also be used to enhance livestock breed or to increase the animal headcount with ease.
Kilimo Bora Agri Loan facility could also be used to buy farm machinery which is a huge investment that often requires heavy financing.
The bank says it has tailored very flexible repayment periods with the agricultural loans since they are built to meet the agricultural needs of farmers.