Equity Bank, the flagship unit of Equity Group led by veteran banker James Mwangi, has partnered with Inchcape Kenya to assist small- and large-scale farmers in accessing modern agricultural machinery.
Inchcape, the new exclusive dealer for New Holland tractors and equipment in Kenya, will work with Equity to roll out flexible financing options that make it easier for farmers to own tractors and implements.
The program offers up to 95 percent financing for New tractors with repayment periods extending to five years. Farmers can choose between monthly, quarterly, or seasonal payment plans to match their cash flow cycles. The arrangement aims to ease financial pressure while encouraging mechanization and higher farm productivity.