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{
    "id": 118196,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/118196/?format=api",
    "text_counter": 326,
    "type": "speech",
    "speaker_name": "Mr. Samoei",
    "speaker_title": "The Minister for Agriculture",
    "speaker": {
        "id": 204,
        "legal_name": "William Samoei Ruto",
        "slug": "william-ruto"
    },
    "content": "Mr. Deputy Speaker, Sir, provision of agricultural credit is the core function of the AFC. Before 2003, the corporation was weighed down by a large portfolio of non- performing loans, and the Government approved a restructuring programme and an injection of funds aimed at resuscitating the institution. As a result of this injection of funds, the corporation resumed lending starting 16th May, 2003 with Schemes Nos. 16 and 17, which benefited small-scale and large-scale borrowers respectively. In June 2003, Scheme No.18, specifically targeted at livestock farmers, was launched in ranching areas; all these three schemes were funded by the Kenya Government as part of the AFC restructuring programme."
}