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Agro-herders and traders in Asals face credit access woes
A member of the Turkana pastoralist community walks towards his house next to his cattle in the early morning in an arid dry area in Morungole, Turkana County. FILE PHOTO | AFP
Borderland agropastoralists, traders and people living in arid and semi-arid lands (Asals) are grappling with the risk of the high cost of credit due to infrastructure and conflict, pointing to economic marginalisation.
According to the United Nations Development Programme (UNDP), traders along Kenyan borderlands among other African regions are paying more than 30 percent interest on loans from traditional pooled funds and shylocks, curtailing their daily earnings.
