Grain stakeholders set to benefit from an Integrated Financing solution to increase their competitiveness

PRESS RELEASE

Grain stakeholders set to benefit from an Integrated Financing solution to increase their competitiveness

Henry Emuye, Rentco Lt, Chief Operations Officer exchange MoU with Gerald Masila, EAGC Executive Director (In red tie) at EAGC Offices, Nairobi-Kenya, looking on is Rose Mutuku, MD, Smart Logistics and EAGC Board Member representing Kenya program, 

 [Nairobi, Kenya, 29th January 2018] The Eastern Africa Grain Council (EAGC) has today inked two partnerships with RentCo East Africa Limited and Centerprise Holdings to provide an Integrated Financing Solution for the Grain Sector.  With these partnerships, RentCo East Africa Ltd will offer EAGC members equipment-leasing services at a preferential benefit while Centerprise Holdings will offer Financial Advisory Services.

Through these MOUs, EAGC members will acquire post-harvest management equipment through leasing and will gain exposure to capital raising opportunities. Speaking at the MoU signing ceremony, the EAGC Executive Director , Mr Gerald Masila said that “ Equipment leasing option is more flexible and customizable to meet unique grain business needs than most funding options which have standardized repayment schedules. “

 

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