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GROUP FARM REHAB CRE

Sector: Raw Materials • Location: Kenya

Source: World Bank Group

Project
Closed

The project would aid in the rehabilitation of about 90 group-owned large-scale mixed farms and about 36 group-owned coffee estates, which are now urgently in need of credit and improved management services, by (i) providing medium and long-term loans for on-farm investments in machinery and infrastructure and short-term loans for incremental working capital and (ii) providing improved management

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Project Information

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The project “GROUP FARM REHAB CRE” is an infrastructure initiative in the Raw Materials sector, located in Kenya. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project would aid in the rehabilitation of about 90 group-owned large-scale mixed farms and about 36 group-owned coffee estates, which are now urgently in need of credit and improved management services, by (i) providing medium and long-term loans for on-farm investments in machinery and infrastructure and short-term loans for incremental working capital and (ii) providing improved management and technical services to the individual farms and estates. The project includes management assistance to be provided by the agricultural Finance Company (AFC) and a private company, East African Acceptances (EAA) with technical assistance also provided by the Ministry of Agriculture. A large-scale farm study, project evaluation and preparation of subsequent phases would also be included. AFC would have specific responsibility for project implementation.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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