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KTDA stops inter-factory lending, favours commercial bank loans
Kenya Tea Development Agency (KTDA) Holdings Board National Vice Chairman James Omweno Ombasa addresses journalists at Acacia Premier Hotel, Kisumu, on November 3, 2025.
The Kenya Tea Development Agency (KTDA) is phasing out an inter-factory loan programme that has been running for decades in favour of commercial loans offered by banks.
The decision comes after a revelation that factories in the West of Rift had taken upto Sh 14 billion loans from those in the East of Rift over the years, with the credit facilities remaining unpaid.
