Absa Bank injects half a billion to boost mechanised farming in Kisumu - The Informer Media Group

Absa Bank injects half a billion to boost mechanised farming in Kisumu - The Informer Media Group

Absa Bank Kenya has announced an expansion of its lending cap under an ongoing Ksh 500 million financing agreement with agri-tech firm Hello Tractor and US agricultural machinery manufacturer John Deere. Under the initial phase (2023), Hello Tractor fully utilised the Ksh 500 million to purchase 100 John Deere tractors and other inputs. This success has now opened a window for extended lending with the aim of reaching and impacting more farmers.…

Absa, Hello Tractor, John Deere Expand Agri Financing

Absa Bank Kenya PLC is increasing its lending limit under… The post Absa, Hello Tractor, John Deere Expand Agri Financing appeared first on Femme Hub.