{"id":399630,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/399630/?format=json","text_counter":31,"type":"speech","speaker_name":"Sen. Chelule","speaker_title":"","speaker":{"id":13126,"legal_name":"Liza Chelule","slug":"liza-chelule"},"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."}