Farmers in Western Kenya have been urged to use credit they source for Agricultural Finance Corporation (AFC) to provide employment opportunities to the jobless youth.
AFC Managing Director Lucas Meso says the rate of unemployment in the country is soaring and interventions lie in the agricultural sector.
Meso says AFC through partners have cash flow that can help farmers to expand their production, feed the nation and create employment.
Speaking in Kisumu during the launch of a blended finance program between AFC and Kenya Crops and Diary Market System, Meso says over the years farmers in the region ventured in cane farming.
Meso challenged farmers to embrace diary farming by getting loans from AFC to upscale their farming.
He announced that AFC is keen to make the region a milk zone and asked farmers to change their mindset towards cane farming.
AFC board chairman Franklin Bett however challenged the institution staff to always follow the money they are giving out to farmers.
Bett says they should encourage farmers to share their business plans before loans are advanced to them.
He says most farmers divert the loans to other ventures thus losing focus on the intended purpose of the funds.
Bett says AFC staff must now be ready to monitor farmers who share their business plans to help them grow.