Overview
- Act: Agriculture and Food Authority (AFA) Act, 2013
- Formed: 2014
- CEO: Nancy C. Cheruiyot, FCCA
- X (Twitter)
The Commodities Fund was established in 2014 under the Agriculture and Food Authority (AFA) Act, 2013, to provide affordable credit and financial support to agricultural stakeholders in Kenya. It aims to enhance the growth and sustainability of key agricultural sectors, including coffee, tea, and other commodities. The fund offers financial services to farmers, cooperatives, and agribusinesses, enabling them to access capital for improving production, processing, and marketing. By fostering financial inclusion, the fund contributes to the development of the agricultural value chains and Kenya’s overall food security.
CEO: Nancy C. Cheruiyot, FCCA
Nancy C. Cheruiyot, FCCA, holds a Bachelor’s degree in Commerce and is a Fellow of the ACCA (FCCA). She brings over 15 years of experience in financial management and has held senior roles in both the private and public sectors
Management Team
Nancy C. Cheruiyot
CEO
Silas Nyaga
Finance Manager
Roseline Wambura
Credit Manager
Nesline Okiko
Legal Manager
Jane Kimani
Head of Planning & Strategy
Rose Ndiriitu
Head of HR and Admin
James Singa
Head of Corporate Communications
Kibichi-Tomno
Head-Supply-Chain
Zachary Waweru
ICT Manager
Edwin Muchiri
Internal Auditor
Board of Governors
Duke Mainga Ondiba Echate
Chairman
Nancy C, Cheruiyot
CEO
Winnie Molonko
Alt Trustee to PS, National Treasury
Jane Likimani Gachanja
Member
Edith Wanjiku Kimani
Member
Mary Nyachae
Member
Yunis Ibrahim
Member
Functions
- Provision of Credit – Offers affordable financial credit to farmers, cooperatives, and agribusinesses in the agricultural sector.
- Support Agricultural Value Chains – Focuses on financing for key commodities like coffee, tea, and others.
- Enhance Productivity – Facilitates access to capital for improving production, processing, and marketing of agricultural products.
- Market Stabilization – Provides funding to stabilize commodity prices and ensure market sustainability.
- Support Commodity Farmers – Targets financial support to farmers for input procurement and infrastructure development.
- Promote Financial Inclusion – Ensures that smallholder farmers and marginalized groups can access credit.
- Facilitate Access to Inputs – Provides credit facilities for the procurement of essential agricultural inputs like seeds, fertilizers, and equipment.
- Capacity Building – Conducts training programs to improve farmers’ financial management skills and agricultural practices.
- Research and Development – Funds initiatives aimed at improving agricultural productivity through innovative practices and technologies.
- Collaboration with Stakeholders – Works with other government agencies, private sector, and development partners to strengthen the agricultural sector.
Important Links
Address & Contacts
- Commodities Fund, Utalii House – 11th Floor, Utalii Lane, Off Uhuru Hwy
- P.O. Box 37962-00100, Nairobi, Kenya
- info@comfund.co.ke
- +254 728) 602427/8 | (+254 737) 204278/9