Nation | by Gerald Andae
The Agriculture Finance Corporation (AFC) plans to restructure most of its Sh8.7 billion loans to give farmers who have defaulted a chance to repay following difficulties that have been occasioned by the Covid-19 pandemic.
AFC chairman Franklin Bett said they are creating provisions to restructure the debt, which will be done on a case by case basis.
“We are creating provisions that could see AFC restructure most of its Sh8.7 billion loan book with farmers getting a moratorium on a case by case basis,” he said…
