Ministry to review coffee fund after a dismal performance

Agriculture CS Peter Munya (PHOTO: FILE)

A revolving fund that gives loans to coffee farmers at favourable terms has only been able to advance credit worth Sh300 million over its first year in office.

This is just about 10 per cent of the Sh3 billion set aside for lending to farmers through the Coffee Cherry Advance Revolving Fund. The low uptake has seen the government propose a review of the fund, as it considers more ways the money can be put to use to help in the revitalisation of the sector.