Jared Ochieng
Jared Ochieng is the Agriculture and Processing Finance Lead at FSD Kenya, where he advocates for improved access to credit for smallholder farmers. He highlighted the structural biases in Kenya's banking regulations that classify agricultural loans as highly risky, despite evidence that farmers have lower default rates than other borrowers. Ochieng argues that the current prudential guidelines disincentivize banks from lending to the agricultural sector, which is crucial for the livelihoods of millions.
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Kenya:
Jared Ochieng, Agriculture and Processing Finance Lead at FSD Kenya, discussed the structural biases in banking regulations against smallholder farmers.
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