A survey conducted in March and May 2025 reveals key drivers behind Kenyan farmers seeking loans.
The primary reason for loan applications in both survey periods was to buy inputs, e.g. fertiliser, seeds, pesticide, etc., with 94% of respondents citing this in March and 84% in May.
Labour costs also remained a significant factor, cited by 62% in March and 57% in May.
Other notable reasons included Hire/lease of farm equipment e.g. tractors (38% in March, 43% in May), Buying equipment/machinery (25% in March, 41% in May), Expansion of farm/land (30% in March, 23% in May), and Diversification of agricultural activities (30% in March, 25% in May).
