• Home
  • About
    • About Hapa Kenya
    • Privacy Policy
  • Advertise
  • Contact
  • Terms
  • Home
  • About
    • About Hapa Kenya
    • Privacy Policy
  • Advertise
  • Contact
  • Terms
HapaKenya
 logo
  • Life

    Life

    See all
    • Why NACADA’s drinking age hike & digital sales ban are a step backward for Kenya

      July 16, 2025
    • Court Orders former Senator Gloria Orwoba to pay Senate Clerk Ksh. 10.5M for defamation

      July 15, 2025
    • 800 youth graduate from KCB Foundation’s 2Jiajiri programme in Elgeyo Marakwet

      July 15, 2025
    • Events
  • Business

    Business

    See all
    • Kenya Airways sets dates for Dreamliner fleet return, aims for 85% capacity recovery

      July 16, 2025
    • Centum net profit drops 69% to Ksh. 812.8 million on weaker real estate gains

      July 15, 2025
    • Patricia Ithau departs WPP Scangroup; Miriam Kaggwa to serve as acting CEO

      July 15, 2025
  • Tech

    Tech

    See all
    • Bolt in road safety initiative with Government partners to train its drivers & couriers

      July 15, 2025
    • Safaricom’s M-PESA Sokoni Tour arrives in Rift Valley with goodies for customers

      July 15, 2025
    • TATC & Mastercard Foundation expand youth employment initiative to East Africa

      July 15, 2025
  • Entertainment

    Entertainment

    See all
    • Partraw, Serro, & Mordecai Dex deliver an unforgettable night at Sukuma Wiki Live

      July 15, 2025
    • 3 Captain Morgan cocktails to try on World Rum Day

      July 12, 2025
    • Jesse Mwenda launches portable recording studio to empower Kenyan artists

      July 12, 2025
  • Travel
  • Sports
  • Health
  • Bars + Restaurants
  • Drinks
  • Trending

    Trending

    NowWeekMonth
    • 26

      How to make pilau

      1
    • 22

      15 places you can get quick loans in Kenya in 2021

      2
    • Absa
      21

      105 Absa Bank employees acquire digital skills at Strathmore University

      3
Kingdom Bank

How Kingdom Bank is supporting agribusinesses to scale their ventures

Staff WriterOctober 11, 2023
3 min read
Shares

Agriculture contributes approximately 33% of the country’s GDP and employing more than 40% of the total population. Kingdom Bank has invested in supporting the sector through various strategies that have proven effective, inclusive and impactful not only on its customers but also on the sector at large.

Over the recent years, we have seen Government, the private sector and development agencies join hands in working towards the revolution of the sector to propel the country forward in terms of increasing food security and building resilience for communities and the country at large.

While great strides have been made, more can still be done to support the agriculture value
chain players to enhance their production, improve their quality and above all add value to the
agriculture products through processing.

The potential of the sector though huge, remains moderately untapped mostly due to lack of
sufficient financing, poor agricultural practices and a limited number of extension services to
support farmers.

Towards this the Bank has a dedicated agribusiness unit that focuses on empowering farm input providers, farmers, food processors and distributors. The empowerment of these value chain players is in the form of financial support through the provision of savings, loans, investment, digital financial solutions and payment platforms that allow these players to scale their agribusiness ventures.

Although many other banks also extend agriculture financing, Kingdom Bank’s value proposition is hinged on personalized relationship management and superior client servicing. This means that each customer is mapped to a Relationship Manager who handles their day-to-day operations and also extends financial advisory services as a value add to customers.

In addition to this, the bank has signed extensive partnerships with other stakeholders in the industry including motor vehicle and equipment service providers, SME trainers and key government institutions to offer farmers within the bank network with affordable solutions that can support them in mechanizing their operations, grow their output and enhance their efficiency when it comes to agriculture.

This concerted effort has seen the bank advance over Ksh 62 million to the agriculture sector
from the year 2021 to date. This loan distribution forms a huge percentage of the bank’s active
loan book showcasing a commitment to support farmers and the agriculture value chain.

In fact, the support to the sector has not gone unnoticed with the Agriculture Society of Kenya
feting Kingdom Bank with several accolades in the 2023 circuit of the ASK shows and trade fairs for having the Best Bank Stand.

Kevin Muendo the Head of Micro Credit and Agribusiness at Kingdom Bank, “This is the first year the bank has participated in the agriculture shows and we successfully exhibited our brand, our solutions and our promise to our customers across the country in Kisii, Kisumu, Nakuru, Mombasa, Nyeri and Nairobi allowing us to also engage with agriculture players and identifying other areas in which we can support them.”

He also added that the bank remained intentional about creating market linkages for its
customers and that is why several them were able to exhibit their solutions at the bank’s stands
in the shows. This includes among others, Dannde Oils, an enterprise run by two ambitious
youths who process coconut to produce oil, coconut sugar, coconut flour and other by-products
including cookies and other snacks.

Knights Energy a customer of the bank that provides solar solutions for industrial, commercial
and residential use was also present at the Nairobi International Trade Fair showcasing their
solutions within the clean energy space at the bank’s stand. In fact, Knights Energy powered the Kingdom Bank stand using solar power showcasing a commitment to embrace clean energy.

So, the next time you want agriculture financing, think Kingdom Bank. Simply walk into any of
their branches countrywide and engage them based on your needs. Alternatively, call them on
0709 881 300 for support.

Share On
Tweet

Related Posts

  • Kingdom Bank

    Kingdom Bank’s Q1 2025 net profit reduces to Ksh. 162 million

    Samson NderiMay 22, 2025
  • Kingdom Bank

    Kingdom Bank emerges among the best Tier 3 Banks in Customer Experience

    Staff WriterFebruary 13, 2025
  • Kingdom Bank

    Kingdom Bank among top 5 banks offering cheap loans

    Staff WriterSeptember 3, 2024
  • Kingdom Bank

    Kingdom Bank opens a new branch in Meru County

    Staff WriterJuly 8, 2024
  • Kingdom Bank

    Kingdom Bank opens its 21st branch in Kitale town

    Staff WriterMay 20, 2024
  • Kingdom Bank

    Kingdom Bank opens a new branch in Gikomba to serve MSMEs

    Staff WriterApril 23, 2024

Archives

Trending

A guide on how to recall a Senator in Kenya

July 16, 2025

Why NACADA’s drinking age hike & digital sales ban are a step backward for Kenya

July 16, 2025

Kenya Airways sets dates for Dreamliner fleet return, aims for 85% capacity recovery

July 16, 2025

Centum net profit drops 69% to Ksh. 812.8 million on weaker real estate gains

July 15, 2025

A guide on how to recall an MCA in Kenya

July 15, 2025

Court Orders former Senator Gloria Orwoba to pay Senate Clerk Ksh. 10.5M for defamation

July 15, 2025

Patricia Ithau departs WPP Scangroup; Miriam Kaggwa to serve as acting CEO

July 15, 2025

Fuel prices rise sharply in latest EPRA review

July 15, 2025

NCBA targets North-Rift’s economic engine with SME engagement drive in Eldoret

July 15, 2025

Kenya’s ATIDI, 4G Capital & Equity Bank win awards at the 2025 African Banker Awards

July 15, 2025
  • About
  • Advertise
  • Contact
  • Privacy Policy
© 2018 HapaKenya Media Ltd. - All rights reserved