US equipment firm targets farmers with contract model

Smallholder farmers looking to buy tractors often find that they can’t raise enough cash from their operations to afford one. FILE PHOTO | NMG

US farm machinery manufacturer John Deere is targeting Kenyan farmers with a contractor model that will see the firm sell tractors to specific farmers who will lease tilling services to others at a fee.

Most smallholder farmers cannot afford to buy their own tractors, relying instead on hired machinery that can be hard to access in the peak planting season and at unpredictable prices.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.