Family Bank to disburse Sh500 million to agribusinesses



Kenyan Wall Street | by Jackson Okoth


Family Bank has committed to disburse Sh500 million to agri-businesses in the next one year.

The partnership deal between the lender and the United States Agency for International Development (USAID) seeks to unlock Sh40 billion to SMEs in Kenya and East Africa.

The partnership will see Family Bank finance agri-businesses in selected 17 Counties. Through an initiative dubbed ‘Pay for Results’, the bank targets financing across dairy, horticulture, livestock and energy for agriculture value chains…

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