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Originally published by Nation Businessbusiness
June 21, 2026
16h ago
Crop buyers now the main source of credit to farmers
Trend points to a growing dependence on customer-based financing as growers seek alternative but affordable funding streams...
✨ Key Highlights
Kenyan farmers are increasingly turning to produce buyers for credit, signaling a significant shift in agricultural financing according to a Central Bank of Kenya (CBK) survey.
- 45% of farmers who sought credit borrowed from produce buyers in May 2026, a near doubling from 24% in March 2026.
- The Central Bank of Kenya conducted the agricultural survey.
- Farmers are also relying more on family and friends (45%) and traditional banks (32%), while usage of the Hustler Fund continues to decline.
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