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Originally published by Capital Business
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business
July 4, 2025
2mo ago

Co-op Bank, KTDA to empower over 260,000 tea farmers

Co-op Bank, KTDA to empower over 260,000 tea farmers

NAIROBI, July 4, 2025 - The Co-operative Bank of Kenya has partnered with the Kenya Tea Development Agency (KTDA) to unlock new financial opportunities Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Co-operative Bank of Kenya has partnered with the Kenya Tea Development Agency (KTDA) to empower over 260,000 smallholder tea farmers with new financial opportunities.

  • Partnership aims to provide up to Sh1.2 billion in accessible short-term loans.
  • Dr. Gideon Muriuki, Co-operative Bank Group MD, emphasizes the bank's long history of supporting the tea sector.
  • The initiative allows farmers to access instant loans ranging from Sh100 to Sh20,000 via mobile phones, removing the need for paperwork.

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