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Fewer farmers seeking loans despite optimism in agriculture sector- CBK Report

Survey shows less than 40% of sampled farmers accessed credit in recent months

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by JACKTONE LAWI

Business26 June 2025 - 07:18
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More farmers in Kenya are avoiding agricultural loans, citing high interest rates and the fear of losing their land and assets through auction, according to a new Central Bank of Kenya report.

This has led to a general decline in the number of farmers seeking credit facilities for agriculture, according to CBK's May 2025 agricultural sector credit survey.

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