KISII, Kenya Mar 9 \u2013 Agribusiness stockists in South Nyanza are set to expand their operations following a new partnership between agri-trade fintech firm Avenews and Enochem Agrovet Limited, a leading distributor based in Kisii. The collaboration aims to help agro-dealers overcome persistent challenges in accessing farm inputs.<\/p>\n
Through the partnership, stockists will gain access to credit facilities tailored for agri-SMEs, enabling them to secure working capital to restock essential products such as seeds, fertilizers, and pesticides.<\/p>\n
Speaking in Kisii, Emmanuel Mbugua, Director at Avenews, said the platform provides digital solutions for agri-SMEs, helping them obtain credit faster and grow their businesses.<\/p>\n
\u201cAvenews is helping stockists in the agricultural sector who struggle to secure loans from banks,\u201d Mbugua said.<\/p>\n
Under the new financing model, agro-dealers can restock farm inputs without upfront cash payments. The arrangement allows distributors to supply products on credit, with repayment made after sales, easing cash flow constraints for small businesses.<\/p>\n
Nancy Angwenyi, a stockist from South Mugirango, welcomed the initiative, saying it would help her maintain consistent stock levels and prevent customer loss.<\/p>\n
\u201cI am now able to access supplies without paying in cash, unlike before when I could run out of stock and lose customers,\u201d Angwenyi said.<\/p>\n
She added that restocking during peak farming seasons was previously a major challenge, but the partnership with Avenews will ensure timely orders and uninterrupted business operations.<\/p>\n
This move is expected to strengthen the agri-business ecosystem in South Nyanza, supporting small-scale stockists and farmers alike.<\/p>","protected":false},"excerpt":{"rendered":"
KISII, Kenya Mar 9 \u2013 Agribusiness stockists in South Nyanza are set to expand their operations following a new partnership between agri-trade fintech firm Avenews and Enochem Agrovet Limited, a leading distributor based in Kisii. The collaboration aims to help agro-dealers overcome persistent challenges in accessing farm inputs. Through the partnership, stockists will gain access […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-133608","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/133608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=133608"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/133608\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=133608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=133608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=133608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}