THE STANDARD
By
Nathan Ochunge |
January 6th 2021 at 14:47:51 GMT +0300
Kakamega County Governor Wycliffe Oparanya (R) and Commodities Fund Board of Trustees Chairman Samson Okioma
The County Government of Kakamega has released Sh300million which will be disbursed to farmers for cane development at a cheaper interest rate compared to what commercial banks and other financial institutions offer.
Governor Wycliffe Oparanya said the farmers will be able to access the funds just a month after applying for the loan.
Oparanya spoke at the county headquarters on Tuesday while signing a Memorandum of Understanding (MoU) with the Commodities Fund Board of Trustees Chairman Samson Okioma. The loans will be disbursed to cane farmers by the Commodities Fund.