Agriculture finance directors lay blame on politicians for them not recovering money owed to farmers
Written by Phanice Pkemei
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The organization board of director’s Deputy Chairman Joshua Choge has said Political interference is hampering efforts by Agricultural Finance Corporation to recover money running into billions of shillings loaned to farmers in the country, Choge blamed a section of farmers who have defaulted in repayment of their loans for rushing to politicians for protection terming their action as unwise and out to cripple the organizations operations.
He said loan defaulters were diminishing efforts by the organization to recover all the monies owed to the government lending body by seeking the services of politicians to hinder the recovery programmes.
Choge said that some of the defaulters were walking to the branch offices of the organizations while accompanied by their MPs to impress upon the management to go slow on the recovery Programmes.
“We are finding it difficult to recover the money running into billions of shillings loaned to farmers due to constant political interference from some politicians who are approached by the defaulters to assist them in stopping the recovery process,” said Choge.
He was speaking in Iten town in Elgeyo Marakwet County during the re-opening of AFC branch office which was closed down more than ten years due to massive default by farmers that led to low business.
He was accompanied by assistant minister for Agriculture Kareka Mbiuki, AFC Managing director Lucas Meso Keiyo North MP Lucas Chepkiitony,keiyo DC Abbas Mohammed and local DO Gladyce Kiyapyap.
Choge asked the local community to make use of the newly opened branch by accessing the facility to borrow loan to promote their farming activities in the region.