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AFC will not waive loans advanced to farmers, Bett

Agricultural Finance Corporation (AFC) board Chairman Franklin Bett addressing farmers at AFC Narok branch offices. [Photo by Robert Kiplagat/Standard]

The Agricultural Finance Corporation has announced that it will not waive loans owed by farmers.

The AFC board chairman, Franklin Bett, said the agency and the national government had agreed to stop waiving loans so that the corporation could recover enough money to help other farmers.

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