BusinessNews

Coffee farmers urged to take advantage of cherry advance revolving fund and subsidy program

Coffee farmers have been urged to take advantage of cheap credit availed by government to boost production and increase earnings.

The chairman of the New KPCU PLC Hassan Reche noted that the uptake of the Coffee Cherry Advance Revolving Fund and the Coffee Farm Inpute Subsidy Program was low in some areas.

He was speaking in Tharaka Nithi County where he and other New KPCU officials and County dignitaries visited Iriga and Mwema FCS’s to sensitize coffee farmers to take up the funds.

He noted that the uptake of these incentives was low in the county compared to the rest of the country.

Reche urged farmers to seize this opportunity for their benefit.

Cherry fund is advanced to Co-operatives society farmers at Ksh. 20 per kg of cherry delivered at the factory.

Farmers are not charged any interest only a 3 per cent administration cost.

Related posts

Uncertainty rocks Mt Kenya UDA base over the running mate slot after MP Gachagua’s sudden exit – many see it as a preserve for Musalia Mudavadi

News Today Reporter

Frustrated Mt Kenya hustlers turn to song and dance as their “kingpin” DP Gachagua is kicked out

NewsToday

Ruto’s dalliance with Raila causes major confusion in tanga tanga

NewsToday

Muli Kavita wins ICEA Lion “King of the Course” golf tourney at Thika Greens Golf Resort

News Today Reporter

Prominent doctor asks WRC Safari Rally fans to self isolate due to likely Covid-19 exposure

NewsToday

Rigathi Gachagua Wave Sweeps Mt Kenya as residents humiliate leaders opposed to the former DP

NewsToday