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Originally published by Capital News
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June 23, 2025
5mo ago

Kenya secures Sh16.4bn loan to improve rural livelihoods

Kenya secures Sh16.4bn loan to improve rural livelihoods

Mbadi said the programme would address the urgent challenges of environmental degradation, climate change, and dwindling livelihoods in rural Kenya. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

Kenya has secured a Sh16.4 billion concessional loan from the International Fund for Agricultural Development (IFAD) to enhance rural livelihoods and protect natural resources.

  • The loan has a **1.41%** interest rate, **25-year** repayment period, and **five-year** grace period.
  • The agreement was signed by Treasury Cabinet Secretary John Mbadi and IFAD Regional Director Sara Mbago-Bhunu.
  • The Integrated Natural Resources Management Programme (INReMP) will focus on environmental sustainability across ten counties.

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Kenya Government Secures Sh16.4 Billion Loan for Rural Development

Kenya secures Sh16.4 billion loan aimed at improving rural livelihoods. Efforts focus on enhancing living standards.

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