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Article: Kenya: Brookside and KCB partnership a credit boost for farmers.
- Article from:
- TendersInfo
- Article date:
- August 5, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sander03
Brookside Dairy wil work with Kenya Commercial Bank (KCB) to strengthen itself in the Uganda and Tanzania markets.Executive chairman Muhoho Kenyatta said the company and the bank would enable farmers to obtain loans at favourable interest rates.
"We now have fully-fledged operations in Tanzania and Uganda and KCB can partner with us in introducing a loan arrangement for farmers," he said.He said such partnerships exist in Kenya, where farmers, particularly in the Rift Valley and Central provinces obtain loans either as individuals or though their cooperative societiesMr Kenyatta spoke during a ceremony to hand over a fleet of trucks ...