Tuesday, September 25, 2012

Youth Loan Scheme launched by Amiran Kenya and YEDF

Photo Courtesy of hortinews.co.ke

The Youth Enterprise Development Fund (YEDF) and agro inputs supplier Amiran Kenya Ltd have partnered to launch a loan scheme targeting youth farmers in Kenya.
The loan dubbed AgriVijana Loan Scheme will help youth in organized groups to acquire the AgriVijana Amiran Farmers Kit.    
Speaking at the launch, YEDF chairperson James Gitau Singh said, “The AgriVijana loan will be provided to youth groups across the country to buy a complete Farmers Kit from Amiran Kenya. In the first phase, we have set aside Sh150 million to help purchase 420 kits, two per constituency.”
The loan will be disbursed in batches of Sh358,344 per group. With the Amiran Farmers Kit (AFK) to be purchased comprising of 2 green houses; a drip irrigation system for the 2 green houses; seeds, fertilizers, agro-chemicals; group training and agro support as well as a CIC insurance package.

To read the Original Article go to: Youth Fund and AmiranKenya launch AgriVijana Loan by Michael Ouma  

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