Red alert as borrowers run on empty

The last grain of Joyce Wanjiku’s fighting spirit was finally washed away by a wave of Covid-19.

Harangued by creditors over Sh9.5 million that she owed three local banks, the destructive forces of the pandemic left Wanjiku with no option but to seek the court’s protection.

She had borrowed the money to buy trucks for her construction business from I&M Bank, NIC Bank (now part of NCBA Bank) and CFC Stanbic Bank.