Co-operative Bank and Car & General Partner to Accelerate Agricultural Mechanisation Through Flexible Kubota Tractor Financing

This story has significance for readers across Kenya and beyond.

The Co-operative Bank of Kenya Limited and Car & General (Trading) Limited, the authorised distributor of Kubota tractors in Kenya, have entered into a strategic partnership to expand access to agricultural machinery through tailored asset finance solutions. The collaboration will enable farmers, cooperatives, agribusinesses and agricultural enterprises across the country to acquire new Kubota tractors and implements under flexible, affordable financing arrangements.

Up to 100 Per Cent Financing and Flexible Repayment

Under the partnership, eligible customers will be able to access financing of up to 100 per cent for select financing structures, with repayment periods extending up to 72 months and seasonal repayment options designed around agricultural cash flow cycles.

The facility will be accessible nationwide through Co-operative Bank’s branch network and Car & General’s dealer network, bringing mechanisation financing within reach of farmers and cooperatives across the country.

Financing Designed Around Agricultural Cash Flows

Samuel Birech, Director, Retail and Business Banking, Co-operative Bank of Kenya, said the facility has been informed directly by feedback from the Bank’s agricultural customers.

“Farmers and cooperatives have long told us that the barrier to mechanisation isn’t willingness, it’s structure. This facility was built around that feedback, giving customers a financing path that matches the reality of their income cycles rather than forcing them into terms designed for other sectors.”

Kubota Machinery Meets Agricultural Financing

George Rubiri, General Manager, Car & General, added that the partnership brings together Kubota’s agricultural machinery expertise with Co-operative Bank’s financing capability.

“This collaboration allows us to put reliable, modern equipment into the hands of more farmers and cooperatives, backed by financing that understands the realities of agricultural business. Together with Co-operative Bank, we are helping to accelerate the mechanisation of Kenyan agriculture.”

Agriculture Remains a Key Driver of Kenya’s Economy

Agriculture remains the backbone of Kenya’s economy, generating KES 4.07 trillion in 2025 and accounting for 23.2 per cent of GDP, making it the country’s largest economic sector.

Yet many farmers and agricultural enterprises continue to face difficulty acquiring modern machinery due to high upfront costs. The partnership between Co-operative Bank and Car & General addresses this gap directly, positioning both institutions to support the mechanisation and modernisation of Kenyan agriculture at scale.

It is expected to strengthen productivity and profitability across the agricultural value chain, while deepening financial inclusion among farmers, cooperatives and agricultural SMEs that have historically faced limited access to structured financing.

Co-operative Bank Expands Agricultural Asset Finance

Co-operative Bank has built a long-standing reputation as a leading financier of Kenya’s agricultural and cooperative sectors, and the Bank continues to expand its Asset Finance offering to meet the evolving needs of farmers, agribusinesses and cooperative societies nationwide.

This partnership represents a further step in that strategy, reinforcing the Bank’s commitment to Kenya’s agricultural transformation agenda.

Reporting originally appeared via Bizna Kenya. Read the full source for additional context.