Eco.business Joins forces with Co-operative Bank to Finance Sustainable Agriculture
By Kenyans.co.ke Writer on
Kenyan farmers harvesting their crops
File
The eco.business fund has provided its first investment in Kenya in the amount of Ksh 1 billion to Co-operative Bank of Kenya, one of the leading commercial banks in the country.
The subordinated loan will be on-lent to sustainable agribusinesses, contributing to the fund’s mission of conserving biodiversity, promoting the sustainable use of natural resources, and mitigating and adapting to climate change.
The investment will provide much-needed financing for businesses to enhance sustainable measures in their agricultural practices, particularly important in light of the challenging operating environment created by the Covid-19 crisis.