Agricultural Finance Corporation

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Overview

website
info@agrifinance.org| customerservice@agrifinance.org

The Agricultural Finance Corporation (AFC) was established in 1963 under the Agricultural Finance Corporation Act, Cap 323 to provide financial services to the agricultural sector. AFC offers credit facilities, loans, and financial support to farmers for agricultural development, contributing to food security and rural development. The corporation focuses on enhancing agricultural productivity, supporting small and medium-scale farmers, and promoting sustainable farming practices. By providing accessible financing options, AFC plays a key role in fostering economic growth, improving livelihoods, and advancing Kenya’s agricultural industry.

CEO: George Kubai

Mr. George Kubai holds a Bachelor’s degree from Maseno University and an MBA from JKUAT. With over 15 years of experience, Kubai has held leadership roles at Equity Bank, Sanlam Kenya, and Coca-Cola, focusing on business strategy and operational management. He now serves as the Managing Director of the Agricultural
Finance Corporation (AFC), driving growth and financial inclusion in Kenya’s agricultural sector.

Management Team

George Kubai

Managing Director

Tom O. Akeno, CPA (K)

Chief Finance & Investments Officer

Betty Chemutai Suge

Chief Audit & Quality Assurance Officer

Jackson Opati Echoka

Chief Risk & Compliance Officer

Nicholas Njeru

Head Of Procurement

Daniel O. Olilo

Chief ICT Officer

Christopher K . Kiburu

Ag. Chief Credit Officer

Board of Governors

Eng. John M. Mruttu

Chairman

Eng. Muriuki Karue Muriuki

Member

Isaac Mundui Matu

Member

Julius Mutethia Kioga

Member

Hassan Mahmoud Haji

Member

Dr. Zablon Nyaenya Ayiera

Member

Eng. Richard Munyao Kanui

Member

Functions

  • Provision of Credit – Provides financial support and loans to farmers for agricultural development projects.
  • Loan Management – Assesses, disburses, and manages agricultural loans to enhance productivity and rural development.
  • Support for Agricultural Ventures – Offers financing for the acquisition of farm equipment, machinery, and livestock.
  • Promotion of Food Security – Provides credit for projects aimed at enhancing food production and security.
  • Sustainable Farming Practices – Promotes sustainable agricultural practices through financing for eco-friendly farming technologies.
  • Training and Capacity Building – Offers training and advisory services to farmers on financial management and farming techniques.
  • Partnerships with Development Agencies – Collaborates with government agencies and development partners to foster agricultural growth.
  • Facilitating Rural Development – Supports rural infrastructure projects and investments to improve farmers’ access to resources.
  • Risk Management and Insurance – Offers insurance products and risk management solutions for farmers and agricultural enterprises.
  • Market Access Promotion – Facilitates access to both local and international markets for agricultural products by financing agribusinesses.

Important Links

Address & Contacts

  • Agricultural Finance Corporation, Development House, Moi Avenue Nairobi.
  • P.O. Box 30367-00100 Nairobi, Kenya.
  • info@agrifinance.org | customerservice@agrifinance.org
  • +254-020-3317199 | +254-020-3272000

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