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"id": 399630,
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"type": "speech",
"speaker_name": "Sen. Chelule",
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"speaker": {
"id": 13126,
"legal_name": "Liza Chelule",
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"content": "Mr. Speaker, Sir, I beg to give notice of the following Motion:- THAT, aware that agriculture is the backbone of the Kenyan economy and one of the avenues through which poverty reduction can be achieved; concerned that the Agricultural Finance Corporation (AFC) is charging high interest rates on loans and imposing heavy penalties on loan defaulters; the Senate urges the National Government to provide cheap credit to farmers by reducing the current interest rates charged by the Corporation from10 per cent to 3 per cent and abolish the penalties imposed on loan defaulters."
}