MEETING OF THE BANK STEERING COMMITTEE ON THE PROFIT PROGRAMME 2018
19th of November, 2018.The Bank Steering Committee of the PROFIT Programme met at the AFC offices to deliberate on various issues. The committee comprises of the Profit Coordinating Unit (PCU) - National treasury, AGRA, BDO Consulting and AFC.The team discussed the implementation progress made by AFC on the PROFIT programme and possible areas of further support. The Corporation has been participating in Program for Rural Outreach of Financial Innovations and Technologies (PROFIT) implemented by Treasury, IFAD and AGRA as a key financial institution with effect from January 2017. The objective of PROFIT is financial inclusion with a view to contribute to poverty reduction in Kenya by increasing incomes of the target group through enhanced and sustainable access to a broad range of financial services and capacity building. The target group includes smallholder farmers, small pastoralists, fishermen, women, landless labourers, and youth in rural Kenya.