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{
    "id": 189532,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/189532/?format=api",
    "text_counter": 40,
    "type": "speech",
    "speaker_name": "Mr. Ndambuki",
    "speaker_title": "The Assistant Minister for Agriculture",
    "speaker": {
        "id": 191,
        "legal_name": "Gideon Musyoka Ndambuki",
        "slug": "gideon-ndambuki"
    },
    "content": " Mr. Speaker, Sir, I beg to reply. (a) The present role of the Agricultural Finance Corporation (AFC) is to assist in development of agriculture and agricultural industries by providing affordable loans, managerial and technical assistance to loan beneficiaries as stipulated in Section 2 of the AFC Act, Cap.323. (b) I assure the House, as well as the country, that the aim is to supplement the Government effort through promotion of public-private sector partnership to enhance access to inputs and other services towards raised farm productivity, and not to cripple the institutions set up to benefit local farmers. (c) The Government has, as of now, entered into partnership with Equity Bank and other financial institutions like SACCOs to disperse funds to farmers. (d) Modalities of rolling out the Kshs3.2 billion partnership with Equity Bank are being finalised and farmers, including those from Migori, will benefit from the Fund in addition to disbursement by AFC. I table the list of farmers from Migori who have borrowed money from the AFC."
}