Over 200 farmers in Kilifi county are set to benefit from a partnership between the Agricultural Finance Corporation AFC and UN Women Kenya.
The two organizations aim to build capacity and enhance Kilifi farmers’ performance in agriculture with a view to linking them to markets as well as financial services.
Speaking during the launch of the partnership in Kilifi on Wednesday, AFC’s Head of Operations Millicent Omukaga, said most farmers in the county have benefitted very little as they do farming for subsistence.
The program also runs in Nyanza-western, Coast, Eastern and Mt Kenya regions.
Omukanga said the partnership aims to link more women to financial services through AFC’s women Affirmative Access Window WAAW, an innovative initiative to reach out to women through training and information sharing to bridge the gap of financial exclusion.
“The program seeks to empower farmers with better farming methods to increase their productivity and profitability. It focuses on financial literacy, farming as a business, credit management and marketing, as well as gender mainstreaming and life skills,” said Omukaga.
She observed that the program will have a positive impact in the country.
“With this program, AFC aims to help boost the livelihoods of the people by empowering them to be more productive. This will alleviate poverty and create more employment in the county”
UN Women Kenya economic empowerment program
Faith Katembu, the team leader for Women Economic empowerment program at UN Women Kenya observed that when more women access credit to improve their agribusinesses, they will have more income in their hands which is proven to improve overall household well being.
Katembu expressed concerns that most women and youths fear accessing loans due to lack of collateral.
“We want women and the youth to access these credit facilities that’s why we want AFC to give an alternative collateral to land. Most youths and women do not own land,” said Katembu.