Musoni Kenya Ltd on spot for intimidating borrowers

Musoni Kenya Ltd micro-finance is on spot for allegedly employing a hostile treatment to force borrowers service loans.

This even as Kenyans continue  struggling through harsh economic times occassioned by COVID-19 pandemic.

Ruth Wairimu is  a victim.

Addressing media in Nakuru,Wairimu  said she had secured an asset loan from the institution in 2018 to buy a vehicle.

However,the institution has been using auctioneers to intimidate her over outstanding loans.

According to Wairimu, despite her loan being on schedule, the institution has been illegally holding her vehicle over arrears which is due in March 2021.

“The institution has disregarded numerous court orders to have my vehicle released to my possession unconditionally” she said.

The institution had attempted to dispose of her vehicle despite Wairimu having an outstanding balance of Sh 180,000 which is due next year.

Wairimu  has now appealed to the government to intervene so that her vehicle can be released.

She added that the manager has been hostile and adamant about releasing the vehicle saying it has been months of struggle to have her vehicle back.

Efforts to reach out to Musoni Kenya Limited in Nakuru were unsuccessful as the manager declined to comment on the matter.