Agricultural Finance Corporation (AFC)

The Agricultural Finance Corporation (AFC) is a government-owned development finance institution that supports Kenya’s agricultural sector. Established in 1963 as a successor to the Land and Agricultural Bank, AFC helped facilitate the peaceful transfer of land from colonial settlers to native Africans. Today, it operates under the Agricultural Finance Corporation Act (Cap 323), offering tailored financial services to farmers, cooperatives, agribusinesses, and county governments.

AFC provides loans, leasing options, and technical advisory services for crop production, livestock farming, irrigation projects, and agribusiness ventures. By offering affordable and accessible financing, the corporation enables farmers to invest in improved seeds, machinery, livestock, and modern technologies. These investments increase productivity, reduce risks, and enhance farm incomes.

Beyond financing, AFC emphasizes capacity building. It delivers training in financial management, business planning, risk mitigation, and agribusiness best practices. Research and strategic partnerships with banks, development agencies, and county governments help AFC reach underserved communities and design innovative financing solutions.

The corporation promotes inclusive agriculture by supporting youth and women through mentorship programs, targeted loans, and advisory services. With 48 branches across six regions, AFC ensures widespread access to its services nationwide.

By integrating finance, technical guidance, and strategic partnerships, AFC empowers farmers and agribusinesses. The corporation strengthens food security, supports economic growth, and promotes a sustainable and productive agricultural sector in Kenya.