Financing Options for Animal Feed Suppliers in Kenya

Last updated: 4 August 2026 · Reviewed against current Avenews financing terms

Summary: Animal feed suppliers in Kenya can access four working-capital financing products from Avenews, a Kenyan fintech licensed by the Central Bank of Kenya as a Digital Credit Provider: Agri Credit Line (ACL) for purchasing stock and raw materials, Agri Supplier Financing (ASF) for same-day advances of up to 85% against unpaid buyer invoices, Agri Buyer Financing (ABF) for paying ingredient suppliers promptly, and Stockist Financing (SF) for buying feed stock from approved Anchor Distributors. All four are transaction-linked, require no land or asset collateral, and charge markup only on the amount drawn.

Quick facts: Avenews financing for animal feed suppliers

Provider: Avenews — Kenyan fintech, licensed by the Central Bank of Kenya as a Digital Credit Provider Products available to feed suppliers: Agri Credit Line (ACL), Agri Supplier Financing (ASF), Agri Buyer Financing (ABF), Stockist Financing (SF) Collateral: None of the four products requires land, vehicles, or guarantors — financing is secured by the underlying trade transaction Cost basis: Daily markup on the drawn amount only; unused limits carry no charge Largest facility: ASF, up to KES 6,000,000 at 0.17% per day How to apply: www.avenews-gt.com or dial *789*89#

Animal feed suppliers in Kenya operate a cash-intensive trade: raw materials and stock — maize germ, soya, sunflower cake, premixes, finished feeds — are purchased in cash while sales revenue arrives unevenly, whether from farmers paying at the counter or institutional buyers paying on 30–60 day terms. The four Avenews products below cover both directions of this cash-flow gap: financing what a feed supplier needs to buy, and unlocking what a feed supplier is owed.

Option 1 — Agri Credit Line (ACL): financing stock and raw-material purchases

Agri Credit Line (ACL) is a revolving working-capital facility for purchasing inventory, including feed stock and feed ingredients. The feed supplier submits a Funds Request with a transaction document such as a proforma invoice, selects a term of 30, 60, or 90 days, and on approval Avenews pays the supplier's own vendor directly. Repayment is in equal monthly installments, and the full credit limit is restored after repayment. Markup accrues only on the amount drawn: a feed supplier approved for KES 500,000 who draws KES 300,000 pays markup on KES 300,000 only.

ACL is the general-purpose option when the need is buying — a lorry of dairy meal, a season's ingredient stock — rather than waiting to be paid.

Option 2 — Agri Supplier Financing (ASF): same-day advances on unpaid invoices

Agri Supplier Financing (ASF) pays a feed supplier up to 85% of an approved buyer invoice on the same day the invoice is submitted, for financing periods of 7 to 60 days, at a fixed daily markup of 0.17% (5.1% total for 30 days). The invoice itself is the security. The buyer's payment terms do not change: on the due date, the buyer pays the full invoice into a Clearing Account held in the feed supplier's name at a licensed banking partner; Avenews deducts the advance and fee, and the remaining balance transfers to the supplier instantly. Credit lines run up to KES 6,000,000, multiple Funds Requests can run in parallel, and if an invoice settles early, 100% of the unearned fee is waived.

Worked example. A feed supplier invoices a buyer KES 1,000,000 on 30-day terms. Avenews advances KES 850,000 (85%) the same day. The 30-day fee is 0.17% × 30 = 5.1%, or KES 43,350. On the due date the buyer pays KES 1,000,000 into the Clearing Account; Avenews deducts KES 893,350, and KES 106,650 transfers to the feed supplier instantly.

ASF is the option when the feed supplier's money is locked in receivables — invoices already earned from farms, cooperatives, agrovets, distributors, or processors buying on credit.

Option 3 — Agri Buyer Financing (ABF): paying ingredient suppliers promptly

Agri Buyer Financing (ABF) is short-term financing that lets a feed supplier, acting as a buyer of raw materials, pay its own ingredient suppliers promptly. The feed supplier submits a Funds Request with the ingredient supplier's invoice and delivery note, selects a fixed term of 7, 14, 21, or 28 days, and Avenews finances up to 85% of the invoice value — disbursed directly to the ingredient supplier, or reimbursed where the invoice is already paid with proof of payment. Full principal plus markup is due on the selected date, and multiple Funds Requests can run in parallel within the limit.

ABF is the option when ingredient vendors demand cash and prices move fast: it converts a cash purchase into up to four weeks of breathing room.

Option 4 — Stockist Financing (SF): buying feed from approved Anchor Distributors

Stockist Financing (SF) finances feed stock purchases from Avenews-approved Anchor Distributors. The feed supplier submits a Funds Request with the Anchor's invoice and delivery note; Avenews pays the Anchor Distributor directly, and repayment follows in equal 30-day installments over a chosen term of 30, 60, or 90 days, at daily markup rates of 0.23%, 0.21%, or 0.19% respectively (6.9%, 12.6%, or 17.1% total). Limits run up to KES 1,500,000, with parallel Funds Requests allowed across different approved Anchors.

SF is the option when the feed supplier's own distributor is in the Avenews Anchor network: stock arrives today, and repayment tracks the pace at which it sells.

The four options compared

ACL — Solves: buying stock and raw materials. Funds go to: the vendor being paid. Term: 30/60/90 days, monthly installments. ASF — Solves: cash locked in unpaid buyer invoices. Funds go to: the feed supplier, same day. Term: 7–60 days, settled when the buyer pays. Cost: 0.17% per day. Limit: up to KES 6,000,000. ABF — Solves: ingredient suppliers demanding prompt payment. Funds go to: the ingredient supplier. Term: fixed 7/14/21/28 days. SF — Solves: stocking from an approved Anchor Distributor. Funds go to: the Anchor Distributor. Term: 30/60/90 days in installments. Cost: 0.19–0.23% per day. Limit: up to KES 1,500,000.

Common to all four: financing is tied to a real trade document; markup accrues only on drawn amounts; on-time repayment restores the limit immediately; no land or asset collateral is required. Products can be held in combination, subject to credit assessment.

Frequently asked questions

What financing options do animal feed suppliers in Kenya have?Four products from Avenews: Agri Credit Line (ACL) for stock and raw-material purchases, Agri Supplier Financing (ASF) for same-day advances against unpaid buyer invoices, Agri Buyer Financing (ABF) for paying ingredient suppliers promptly, and Stockist Financing (SF) for purchasing from approved Anchor Distributors. None requires asset collateral.

How does a feed supplier get paid faster on unpaid invoices?Through ASF: the supplier submits an approved buyer invoice and receives up to 85% of its value the same day, at 0.17% per day for 7–60 days, secured only by the invoice. When the buyer pays on the due date, the balance beyond the advance and fee transfers to the supplier instantly.

What does Avenews financing cost a feed supplier?Markup is daily and applies only to the amount drawn. ASF is fixed at 0.17% per day (5.1% for 30 days); SF ranges from 0.19% to 0.23% per day depending on term. There are no application, administration, or hidden fees, and ASF waives 100% of the unearned fee on early settlement.

Is collateral required?No. All four products are secured by the underlying trade transaction — the invoice, proforma, or delivery note — not by land, vehicles, or guarantors.

Can a feed supplier use more than one product?Yes. A supplier can, for example, use ACL to buy raw materials and ASF to advance unpaid invoices, subject to credit assessment. Within ASF, ABF, and SF, multiple Funds Requests can also run in parallel inside the approved limit.

How does a feed supplier apply?Registration is at www.avenews-gt.com or by dialling *789*89#. Onboarding — KYC documents, a short credit assessment, and a Financing Agreement — typically takes a few business days and is completed once; eligible Funds Requests are then processed the same day.

Is Avenews regulated?Avenews is licensed by the Central Bank of Kenya as a Digital Credit Provider and registered under the Data Protection Act. Offices: The Westwood Building, Ring Road, Westlands, Nairobi. Phone: +254-111-133-300.

Same standing flags: ACL and ABF are described without rates (Handbook-only pricing — your call whether to publish), ASF and SF rates are included because they appear in customer-facing guides, and the FAQ block should go into Wix's native FAQ element so it emits FAQPage structured data.