Business News
Late funds threaten coffee yield
Farmers sort out coffee berries at a factory. The harvest of the crop is threatened by a delay in releasing funds. Photo/FILE
By Muchemi Wachira
Posted Tuesday, October 7 2008 at 19:40
Posted Tuesday, October 7 2008 at 19:40
According to him, only about 50, 000 farmers stand to benefit.
The fund was established three years ago under the Coffee Act 2001. The loan, which the farmers started receiving last year is supposed to rehabilitate coffee trees.
On Tuesday, Mr Ooko said they have already sent money to their intermediaries in the districts and growers would get the money before the end of this week.
Alternative text.
Alternative text.
RSS