Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Warehouse receipts unlock credit facilities for farmers
Agriculture Cabinet Secretary Peter Munya accompanied by Trans Nzoia County Governor Patrick Khaemba opens a plaque during the launch of Warehouse Receipt System at the National Cereals and Produce Board, Kitale depot in Trans Nzoia County on January 13, 2022. PHOTO | JARED NYATAYA | NMG
Farmers can now access loans from banks using warehouse receipts following the official launch of the Warehouse Receipting System (WRS) as the Agriculture ministry moves to lockout middlemen.
The launch comes as a boost to farmers who have just completed maize harvesting for the main season as they now have an opportunity to store their produce under the ideal conditions to avoid post-harvest losses associated with poor storage.
