More information about this loan
This loan is designed to empower small to medium-scale farmers in Kenya, where agriculture employs more than 75% of the work force. ECLOF Kenya’s loans support a range of agricultural needs, including horticulture and the purchase of farm inputs such as fertilizer, seeds, animal feeds, vaccination and farm equipment. Loan terms are structured around the maturity of the crop and/or the payback period of the inputs purchased. Additionally, ECLOF Kenya hopes to provide loans to farmers for the purchase and installation of water harvesting and storage equipment like water tanks or sinking shallow wells. By funding this loan, you are helping small-scale farmers increase their production capacity, providing employment opportunities and contributing to food security in the country.
About ECLOF:ECLOF Kenya is a microfinance institution that provides financial and non-financial services to micro, small, and medium entrepreneurs in Kenya. It provides a variety of services in all sectors of the economy.
The organization is committed to supporting low-income students in Kenya. ECLOF Kenya is currently working on a higher education loan program to benefit low-income students. Kiva’s partnership is extremely important in providing a low-risk strategy for launching the student loan product and providing many students with opportunities they otherwise would not have access to.
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This loan has been fully funded!