OVERVIEW OF THE MICRO-FINANCE.

The micro finance is a service offered to our members that enables them to save and gain access to loans (as most of them lack access to credit from banks) at a low interest rate. This was integrated in the cooperative in 2008 as a way to find a lasting solution to finance that had become a big problem as it consolidates a savings culture for big investments and Currently, our loan portfolio runs up to 160 Millions. This has enabled the cooperative to;

  • Buy and sell in bulk. 
  • Obtain a reliable pool of money for prompt payment to farmers on goods delivery.
  • Give soft loans to its members at a low interest rate of 2%.
  •  It promotes the savings culture for future investments.
  • Premiums and dividends is a must to the members when profits are realised and this develops a feeling of ownership.