Innovative partnership scheme unlocks US$520,800 credit, boosting hundreds of Kenyan farmers’ resilience

Abstract

During a financial product launch, a pre-approved credit line of US$ 520,800, an innovative financing solution, was accessed by 334 farmers in one Kenyan county to procure drought-resistant seeds, manage rainwater runoff, and improve soil health. The bundled product integrates bank risk capital, insurance, and climate-smart advisory services. Enabled by CGIAR innovations, 569 farmers were trained, with 334 receiving funding approval. Partners Acre Africa and Shalem Investments will scale to 1,000 farmers by 2026, with a potential reach of 42,500.

Published 
May 2025
Author(s)
Wamicwe, P., Derenoncourt, M.E., and Newman, R.
Langues(s)
English
Focus topic
  • Market / Trade
Focus region
Sub-Saharan Africa
Focus country
Kenya
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