Five months ago, we disbursed our first farmer loans. Today, that cohort has fully repaid.
46 farmers have repaid KSh 305,000 in loans.
This is more than a repayment milestone. It is proof that smallholder farmers are bankable when financing is designed around their realities and supported by trusted local structures. For too long, many farmers have been viewed as too risky to finance. Our early results are showing a different story.
We're grateful to the farmers who trusted us, our cooperative partners, and everyone supporting our journey as we work to unlock more capital for rural Africa.
One cohort down. Many more to go. π±
Fun fact: The video below shows farmers delivering 2,000 kg of cassava tubers to their cooperative's collection centre for value addition. The cassava is used to manufacture high-quality poultry feed, creating a reliable market for farmers while strengthening their ability to repay and grow their businesses.
#Grofunder #AgriFinance #FinancialInclusion #SmallholderFarmers #ImpactInvesting
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