Treasury seeks banks for rural credit guarantees

The National Treasury building in Nairobi, Kenya.

Photo credit: File | Nation Media Group

The National Treasury is seeking partner banks to implement the Sh2.5 billion ($20 million) rural credit guarantee scheme, which seeks to catalyse funding into agriculture value chains.

The scheme is a Treasury project backed by the International Fund for Agricultural Development (IFAD) whose goal is to support rural and smallholder agriculture sector-led development by improving access to appropriate financial services.

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