At least 30,000 small-scale farmers in Nakuru county have benefitted from a Sh120 million loan kitty, courtesy of Apollo Agriculture, an agricultural financing company.
Apollo agriculture is partnering with the county government to identify and offer loans to small-scale farmers, including those with as little as half an acre of land.
The County Director of Agriculture Charles Githiri said that Apollo Agriculture had been financing small-scale farmers in the devolved unit, who own a maximum of three acres of land, a category that is often neglected by banks.
While indicating that farmers with an acre of land secured an average of Sh17,500 in funding, Githiri stated that Apollo Agriculture was also supporting the County's effort to promote agriculture by transforming farming through technology by making high-quality inputs, providing of subsidized fertilizer and making expert agronomic support more accessible to smallholder farmers.
