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February 25, 2026
3h ago

Govt Launches New Electronic System to Unlock Access to Loans

Govt Launches New Electronic System to Unlock Access to Loans

Ministry of Investment, Trade, and Industry has confirmed that the system has shown promising results since its deployment in the pilot stage...

✨ Key Highlights

The Kenyan government, through the Ministry of Investment, Trade, and Industry, has launched the Electronic Warehouse Receipt System (E-WRS) to empower farmers and agribusinesses.

  • The system allows farmers to use warehouse receipts as collateral for loans, enhancing their liquidity.
  • Key figures include Warehouse Receipt System Council (WRSC) chairperson Patrick Mbogo and CEO Lucy Komen.
  • In its pilot phase, the system has already issued 144 receipts, with 44 having been financed, and has seen over 11,744 bags of produce deposited in licensed warehouses.

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