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.

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