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State to waive Sh6.9 billion owed by coffee farmers cooperatives

A farmer sorts coffee berries at a farm in Nyeri. [Kibata Kihu, Standard]

The government plans to waive at least Sh9.6 billion in loans borrowed from various financial institutions by coffee farmers' cooperatives.

Cooperatives, Micro, Small and Medium Enterprises (MSMEs) Development Cabinet Secretary Simon Chelugui said waiver of the loans will revitalise the coffee sub-sector.

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