Family Bank
Agri Finance Training
Assignment
Context
Family Bank is a well established full-service commercial bank in Kenya that operates a network of 92 branches and serves some 1.7 million customers.
Challenge
The FBL business team exhibited knowledge gaps in appraising agricultural clients, specifically with regards to key lines of inquiry and documents to collect. This resulted in the preparation of loan applications that fail to effectively convince the credit and risk teams. As a result, there were more rejections of loan applications than needed, prompting occasional intervention by the agribusiness manager to review credit proposals before they reached the credit and risk teams.
Solution
103 Agricultural Lending Officers and Credit Risk Analysts from Family Bank attended training sessions on Agricultural Finance fundamentals. The curriculum was taught over a period of three days. Training occurred across five locations: Embu, Nakuru, Nairobi, Mombasa, and Kericho.
Year
2022
Place
Kenya
Client
EBF
Beneficiary
Family Bank
Partners
Moving Frontiers
