Move by Co-op Bank to help farmers get funding laudable - News Summed Up

Move by Co-op Bank to help farmers get funding laudable


Cooperative Bank has over the years successfully combined a bold innovative approach to come up with products aimed at easing the customers burden of accessing credit at negotiable terms. Therefore, the move by the bank to ease the production of agricultural products and services should not go without being commended. Kenya has for several years experienced food crises, partly due to lack of credit to acquire farm machinery to help in the modern farming methods. The loans will help farmers acquire agricultural machinery from CFAO automobiles hence provide a great reprieve to the farmer who also is likely to be a member of a cooperative society. Cooperative bank has done its part, let other lending institutions follow suit.


Source: The Star September 30, 2020 21:08 UTC



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