Loans to farmers and co-operative societies from the Agricultural Finance Corporations (AFC) rose 33.1 percent during the year ended June 2025 to hit an all-time high of Sh4.7 billion, bucking a drop trend observed in the three consecutive years to June 2024.
AFC is a State-owned Development Financial Institution (DFI) mandated to assist in the development of agriculture by loaning farmers and agencies in the sector. It provides credit to farmers at a 10 percent interest charge.
