[Source: Daily Nation, by Irene Mugo]
A section of coffee farmers in Nyeri risk losing their land to the government and banks for failure to service loans they borrowed to improve their farms and factories.
Five factories under the Mathira North Co-operative Society owe the Co-operative Bank Sh10 million they borrowed to pay farmers for cherry delivered in 2015/16.
Although President Uhuru Kenyatta wrote off Sh2.4 billion owed by farmers to financial institutions, including savings and credit co-operative societies (Saccos), some co-operatives are yet to benefit from the waiver three years on.
Speaking during a campaign trail in Kirinyaga in 2016, the President asked farmers who had provided their title deeds as collateral to go and collect them.
Since its closure for operating on a deficit, farmers have abandoned their farms while some sell their coffee to hawkers.
[Full article: Daily Nation, by Irene Mugo]
