Thika Coffee Mills has lost its bid to recover more than $253,000 (Sh32.6 million) from a farmers’ cooperative society after the High Court found that its lending model trapped growers in a cycle of debt through a loan arrangement the judge declared harsh, unconscionable and oppressive.
At the same time, Buchana Coffee Growers Cooperative Society lost its counterclaim for $45,212 (Sh5 million) against the miller after failing to prove the losses and damages it sought.
