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"type": "speech",
"speaker_name": "Suba South, ODM",
"speaker_title": "Hon. John Mbadi",
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"legal_name": "John Mbadi Ng'ong'o",
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"content": " Hon. Temporary Deputy Chair, I want to support this amendment. One, I think I agree with the Committee and the Chair completely that you need to define what the Cabinet Secretary is supposed to do, not what he is not supposed to do. Leaving it too open is not fine. In matters finance, you need to declare under what conditions the micro, small and medium enterprise would qualify for the loans. I think that to me, is tidy enough. There is also part (b), where it is clear that it is women, youth and persons with disabilities. Under part (ga) the maximum percentage of the scheme funds which may be used to guarantee any individual, I agree with that but I just hope that in the regulations we will spell out the percentage guarantee that can be given to an individual borrower out of the requirement. Each individual borrower will also determine how much the maximum vote can be guaranteed, otherwise if you just leave it open, some people may even ask for far too much beyond what their capacity is. Thank you, Hon. Temporary Deputy Chair, I support."
}