NBK targets farmers with new Sh2bn fund

A tractor tills on a farm in Elburgon, Nakuru County on March 15, 2024. 

Photo credit: File | Nation Media Group

National Bank of Kenya (NBK) has launched a Sh2 billion fund that targets to loan and train farmers on new technologies, becoming the latest lender to focus on the agricultural sector.

The lender, a subsidiary of KCB Group, said on Thursday the solution dubbed Kilimo Konnect will address challenges such as working capital, equipment procurement, and post-harvest processing.

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