Rural Credit Guarantee Scheme (R-CGS)
R-CGS will provide risk sharing mechanisms to promote rural outreach innovations, and catalyse funding from Kenyan mainstream financial institutions into the rural and agriculture sector.
GOK and IFAD will invest KES 2,8billion (USD 20 million) in the existing Credit Guarantee Scheme under the National Treasury. This will be leveraged by Participating Financial Institutions (PFIs) lending KES 11.5billion (USD 80 million) to rural MSMEs and agriculture value chains.