Co-operative Bank Partners With Car & General in Tractor Financing

The Co-operative Bank of Kenya 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 asset financing. 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.

Under the partnership, eligible customers will access financing of up to 100% 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.

Samuel Birech, Director of Retail and Business Banking at 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,” Mr Birech said. “This facility gives customers a financing path that matches the reality of their income cycles rather than forcing them into terms designed for other sectors.”

Mr George Rubiri, General Manager, Car & General, said 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,” Rubiri said.

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Agriculture remains the backbone of Kenya’s economy, generating Ksh4.07 trillion in 2025 and accounting for 23.2% 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 seeks to address 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.

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