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Why credit drought never ends for the agriculture sector
The agriculture sector contributes about 30 percent of the GDP and accounts for 80 percent of national employment, mainly in rural areas. FILE PHOTO | JOSEPH KANYI | NMG
The agricultural sector remains one of the most deprived in terms of access to credit despite being the largest contributor to Kenya’s gross domestic product and employing over a third of the population.
Agriculture, which generates 22.4 percent of Kenya’s GDP, accounted for 3.3 percent— equivalent to Sh113.8 billion—of total bank loans to the private sector in January.
