Corporate Profile
Our Vision
To be the financial institution of choice for agricultural development in Kenya.
Our Mission
To provide customer focused financial services for the development of the agricultural sector in Kenya.
Our Mandate
To assist in the development of agriculture and agricultural industries by making loans to individuals and/or groups, either private or public.
Our History
Agricultural Finance Corporation (AFC) is a government owned, non-bank development financial institution established through AFC Act Cap 323 of the Laws of Kenya.
At inception, AFC was incorporated to take over the credit functions of the pre-independence European and African Agricultural Boards. The main function during those early years was to assist in the transfer of land from European Colonial settlers to indigenous Kenyan farmers.
AFC was reconstituted in 1969 and assumed a wider mandate by taking over the functions of the Land and Agricultural Bank of Kenya.
Our Core Values
AFC commits to live up to the highest ideals of good governance and promote excellence, transparency and accountability throughout the organization. The Corporation conducts its business guided by the following core values:
- Customer Focus
- Consultative Leadership
- Integrity and fairness
- Trust
- Honesty
- Cultivating long-term relationships
- Social responsibilities
Objectives
The overall goal of AFC is to increase outreach to the target clientele through innovative products and efficient services.
To achieve this goal, we will:-
- Explore innovative and market driven products
- Continuously strengthen our financial base
- Enhance operational efficiency
- Strengthen our human resource base
- Maintain presence through improved corporate image
- Maintain and grow partnership
- Create an enabling operational environment.
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