By IRENE MUGOMore by this AuthorA 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. Since its closure for operating on a deficit, farmers have abandoned their farms while some sell their coffee to hawkers. Mr Munyiri gave his title deed as collateral for the loan. Mr Munyiri says production has dropped, fetching him little to sustain himself and repay his loans. “Coffee prices have gone down thus affecting our ability to repay the loans on time,” he said.
Source: Daily Nation May 08, 2019 06:56 UTC