From Origin

President Kenyatta Announces Sh3b Fund to Cushion Coffee Farmers


Beginning July, coffee farmers from across the country will be able to access payments from a Shs 3 billion cherry advance revolving fund, a move aimed at resolving the problem of delays in coffee payment cycles.

“All coffee farmers across the country will be able to access the cherry advance at a modest interest rate of three per cent,” said the President when he opened the  124th session of the International Coffee Council at the Kenyatta International Convention Centre (KICC).

The coffee meeting is being attended by delegates from coffee growing and consuming countries from across the world.

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