The value of loans disbursed by Kenya Tea Development Authority (KTDA) lending arm grew to Sh2.75 billion in the three months to February this year, nearly double the amount lent in five months between July and November last year on the back of low interest rates.
Green Fedha Limited, a subsidiary of KTDA that lends to farmers cut the lending rate from the previous 21 percent to eight percent at the moment, leading to an 83.3 percent uptake of loans.
