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

Sealed with a Kiss! Former Bitter Rivals turned best friends Ruto and Raila Cement their handshake

NewsToday

Ezekiel Mutua is fired when on an official assignment, parents want him back.

NewsToday

Nyeri residents treated to a heavy feast after the gates of Sagana State Lodge were opened

NewsToday

Anxiety, anger hits Mt Kenya UDA followers over running mate as Ruto woos Mudavadi

News Today Reporter

Sensational claims that DP Rigathi Gachagua must be cleared by Farouk Kibet before seeing President Ruto

News Today Reporter

Several killed, many injured as thousands of anti-government protestors clash with police across Kenya

NewsToday