Co-op Bank targets cereal farmers with financing to boost production

Monday, October 26, 2026 Bizna Club Directory SME Awards YEA Awards FacebookTwitterTelegramInstagramLinkedinYoutube NEWS SME AUTO AGRIBUSINESS SAVINGS & INVESTMENT REAL ESTATE EDUCATION IMMIGRATION HEALTH Search PAID CONTENT DIRECTORY JOIN BIZNA CLUB BIZNA @ 10 BIZNA JOBS Co-op Bank targets cereal farmers with financing to boost production AGRIBUSINESS 26th October 2026 By Jane Muia A photo collage of Co-op Bank branch and a cereal farm Share FacebookXPinterestWhatsApp Cereal farming remains a potentially profitable venture for Kenyan farmers, driven by demand for staple foods such as maize, rice, wheat and sorghum.

With investment in quality inputs, modern machinery and proper storage, farmers can improve yields, reduce post-harvest losses and earn better returns from their produce.

However, the capital-intensive nature of cereal production continues to constrain farmers seeking to expand their operations.

Over the years, farmers have decried the high cost of seeds, fertilisers, pesticides, machinery, and storage facilities, among other farm management needs.

To address this challenge, the Co-operative Bank of Kenya introduced a financing solution for farmers in cereal production and pulse farming to help them meet operational needs and invest in equipment to support their businesses.

Also Read: Co-op Bank surpasses water financing target with Sh4.39bn loans

The financing facility targets producers of maize, rice, wheat, sorghum and barley, as well as farmers growing pulses.

It is structured to support the acquisition of farm inputs and equipment needed across different stages of production, from land preparation to harvesting and storage.

Eligible investments include tractors, combine harvesters, threshers and grain driers, which can help farmers improve efficiency and reduce dependence on manual labour.

The facility also caters for storage equipment and the construction of storage facilities, enabling farmers to improve grain handling and preserve produce after harvesting.

Co-op Bank’s Cereal Farmers Loan is available to both new and existing customers, provided they maintain an account with the bank.

Applicants are required to submit bank statements covering the preceding 12 months, audited accounts for the past three years and management accounts where applicable.

They must also provide cash flow projections to support the assessment of their businesses and repayment capacity.

The minimum financing available under the facility is Sh50,000, while the maximum amount is determined by the applicant’s ability to repay the loan.

Also Read: Kenyan chilli farmers eye China market after export deal

Save my name, email, and website in this browser for the next time I comment.

Notify me of follow-up comments by email.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Bizna Digital Services is a Business Enterprise Development portal that supports access to better goods and services by marketing and promoting businesses.