The Agricultural Finance Corporation (AFC), a wholly government-owned Development Finance Institution, was established in 1963 as a subsidiary of the Land and Agricultural Bank and incorporated in 1969 under the AFC Act (Cap 323, Laws of Kenya). As Kenya’s leading public credit institution, AFC is dedicated to advancing agricultural development by offering tailored financial solutions. This document provides an updated and comprehensive overview of AFC’s loan products and branch locations, designed to support farmers, agribusinesses, and institutions in enhancing agricultural productivity.
AFC Loan Products
1. Seasonal Crop Credit
This loan supports the cultivation of short-term food crops such as maize, wheat, potatoes, and rice, with a maturity period of up to 12 months.
- Features:
- Repayment period: Up to 12 months
- Available to individuals and groups
- Items Financed:
- Production and harvesting costs
- Eligibility:
- Suitable crop type
- Tangible security for the loan
- Minimum of 5 acres for maize and wheat
2. Cash Crop Loan
This credit facility supports the production of cash crops, including tea, coffee, sugarcane, pyrethrum, cashew nuts, citrus, mangoes, bananas, stevia, and other approved crops.
- Features:
- Repayment period: 2–5 years with annual installments
- Available to individuals and groups
- Items Financed:
- Crop establishment and maintenance
- Processing equipment and operational costs
- Eligibility:
- Tangible security
- Approved crop varieties
- Access to processing facilities within a reasonable distance
3. Horticulture and Floriculture Development Loan
Designed to finance horticultural and floricultural projects, this loan supports the production of fruits, vegetables, and flowers.
- Features:
- Repayment period: 2–5 years with annual installments
- Available to individuals and groups
- Items Financed:
- Fruits, vegetables, and flowers
- Greenhouses and related equipment
- Water and electricity supply systems
- Harvesting and packaging equipment
- Labor and operational costs
- Working capital
- Eligibility:
- Relevant experience in horticulture or floriculture
- Compliance with regulatory requirements
- Adequate water supply
4. Livestock and Fisheries Development Loan
This loan supports livestock and fisheries production to enhance agricultural output.
- Features:
- Repayment period: 2–5 years with annual installments
- Available to individuals and groups
- Items Financed:
- Dairy and beef production
- Sheep, goat, piggery, and poultry production
- Beekeeping
- Fish production
- Working capital
- Eligibility:
- Tangible security for the loan
5. Water Development Loan
This loan facilitates water infrastructure development for irrigation and livestock use.
- Features:
- Availability of suitable water catchment
- Water permits from relevant authorities
- Water test certificate for boreholes
- Items Financed:
- Water tanks, shallow wells, and boreholes
- Pumps, pipes, and connections
- Irrigation equipment and farm dams
- Labor and transportation costs
- Eligibility:
- Suitable crop type
- Tangible security
- Minimum of 5 acres for maize and wheat
6. Machinery Loan
This loan supports the acquisition of farm machinery to enhance production and transportation.
- Features:
- Repayment period: 2–5 years with annual installments
- Available to individuals and groups
- Items Financed:
- Farm machinery and implements
- Pickups and trucks for transporting produce
- Eligibility:
- Written quotation from reputable suppliers
- Joint registration of machinery/vehicle with AFC
- Comprehensive insurance coverage
- Minimum deposit: 30% for new machinery, 50% for reconditioned machinery
7. Agribusiness Loan
This loan provides startup or operational capital for agricultural micro-enterprises, including traders, transporters, marketers, and processors.
- Features:
- Repayment period: Up to 3 years
- Interest rate: 10% per annum
- Available to individuals and groups
- Items Financed:
- Agribusiness trading, transportation, marketing, and processing
- Eligibility:
- Viable business plan
- Tangible security
- 20% equity contribution
8. School-Based Loan
This loan supports primary, secondary, and tertiary institutions in establishing school farming projects to subsidize feeding costs.
- Features:
- Repayment period: 1–5 years
- Affordable interest rates
- Flexible security requirements
- Items Financed:
- Crop and livestock production
- Farm machinery and infrastructure
- Agribusiness and horticulture projects
- Eligibility:
- Project proposal
- Vuna relationship account with AFC
- Adequate land for the project
9. AFC-USAID Feed the Future Co-Financing Mechanism
This five-year program (October 2017–September 2022), funded by USAID under the Feed the Future initiative, aimed to boost agricultural production and reduce malnutrition and poverty in Kenya. While the program has concluded, AFC continues to explore similar partnerships to enhance agricultural financing.
AFC Branch Network
- Head Office
- Location: Development House, 7th Floor, Moi Avenue, Nairobi
- Contacts: 020-2081751, 0788 524 998, 0704 153 773
- Nyeri Branch
- Location: Bondeni Road, Nyeri Town
- Contact: +254 771 281 498
- Chogoria Branch
- Location: Meru-Kaveche Road
- Contact: +254 770 012 356
- Thika Branch
- Location: Karanja Street, Thika Town
- Contact: +254 733 865 181
- Karatina Branch
- Location: Industrial Area Road
- Contacts: 061-4572008, 061-2302254
- Murang’a Branch
- Location: Huru Highway
- Contacts: 020-2316799, +254 721 949 749
- Nanyuki Branch
- Location: Bidhaa Bora Road
- Contact: 051-8010937
- Kerugoya Branch
- Location: Kirinyaga Building Road
- Contacts: 0770-354963, 0774-354963
- Meru Branch
- Location: Meru-Makutano Road
- Contact: 0720-978382
- Nyahururu Branch
- Location: Nyeri-Nyahururu Road
- Contacts: 065-32223, 020-2023856
- Embu Branch
- Location: Embu Road, K.F.A Building
- Contact: 0703-125304
- Eldoret Branch
- Location: Eldoret-Unga Road
- Contact: 053-2061432
- Kitale Branch
- Location: Makasembo Road
- Contact: +254 786 629 946
- Kapsabet Branch
- Location: Opposite Post Office
- Contact: 020-2320309
- Turbo Branch
- Location: Uganda Road
- Contact: +254 711 444 149
- Iten Branch
- Location: Off Iten-Kapsowar Street
- Contacts: +254 773 568 265, +254 772 958 248
- Ziwa (Sirikwa Center) Branch
- Location: Sirikwa Center
- Contact: +254 712 353 974
- Nakuru Branch
- Location: Kijabe Road
- Contact: +254 711 362 775
- Sotik Branch
- Location: Sotik-Narok Road
- Contact: +254 773 554 362
- Molo Branch
- Location: Njoro-Molo Road
- Contact: 020-2172732
- Naivasha Branch
- Location: Kariuki Chotara Road
- Contact: 050-2020463
- Kericho Branch
- Location: Temple Road
- Contact: +254 775 798 906
- Eldama Ravine Branch
- Location: Maji Mazuri Road
- Contact: +254 774 496 380
- Kabarnet Branch
- Location: Kabarnet-Eldoret Road
- Contact: +254 705 659 272
- Narok Branch
- Location: Nairobi-Narok Road
- Contacts: 0770-567277, 0770-433171
- Kiambu Branch
- Location: Kiambu Road
- Contact: +254 705 318 963
- Wote Branch
- Location: Ngei Road
- Contact: 020-2675807
- Kajiado Branch
- Location: Main Town Road
- Contact: +254 729 630 066
- Ngong Branch
- Location: Ngong-Kiserian Road
- Contact: +254 723 919 321
- Machakos Branch
- Location: Ngei Road
- Contact: 020-2624249
- Loitokitok Branch
- Location: Elassit Road
- Contact: +254 717 628 628
- Kakamega Branch
- Location: Elassit Road, Kakamega
- Contact: 020-633695
- Kisii Branch
- Location: NCPB House
- Contact: 020-8033032
- Migori Branch
- Location: Administration Road
- Contact: 020-2352075
- Kisumu Branch
- Location: Oginga Odinga Road
- Contact: 057-2523944
- Bondo Branch
- Contact: 057-2512452
- Bungoma Branch
- Location: NCPB Depot
- Contacts: 020-2669796, +254 718 867 913
- Kilgoris Branch
- Location: Agriculture House
- Contact: +254 717 628 628
- Oyugis Branch
- Location: Oyugis-Kisii Road
- Contacts: 020-2351977, +254 712 781 187, +254 727 821 440
- Busia Branch
- Location: Opposite Huduma Center
- Contact: 0773-671773
- Kilifi Branch
- Location: Near KCB
- Contact: +254 772 125 313
- Ukunda Branch
- Location: Mombasa-Lunga Lunga Road
- Contact: +254 772 561 510
- Bura Branch
- Location: National Irrigation Board Offices, Bura-Tana
- Contact: +254 717 806 016
- Mpeketoni Branch
- Location: Opposite Kenyatta Primary Road
- Contacts: +254 701 867 478, +254 775 243 192
- Hola Branch
- Location: National Irrigation Board Offices, Hola-Tana
- Contact: +254 717 806 016
- Taita Taveta Branch
- Location: Eldoro Village
- Contact: 0740-571517
Additional Information
AFC continues to innovate its financial products to meet the evolving needs of Kenya’s agricultural sector. The corporation collaborates with government and international partners to enhance access to credit and promote sustainable agricultural practices. For the latest information on loan products, eligibility criteria, or branch services, visit the AFC website or contact the nearest branch.
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