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{
    "id": 1028671,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1028671/?format=api",
    "text_counter": 336,
    "type": "speech",
    "speaker_name": "Bondo, ODM",
    "speaker_title": "Hon. Gideon Ochanda",
    "speaker": {
        "id": 1264,
        "legal_name": "Gideon Ochanda Ogolla",
        "slug": "gideon-ochanda-ogolla"
    },
    "content": "If one takes time and borrows per week or per month and repays in a week or month with 10 per cent interest, what does this mean if you look at it in relation to an annual repayment in a formal banking arrangement? You will realise that you are paying more than 100 per cent interest. Many women are in this and what are we doing about it? In my view, this Sessional Paper ought to have looked at some of the sectors dominated by either gender. In terms of what the gains are and to what extent are they losing, like in the informal banking I am talking about where women are losing big yet many of them are there because of issues of access, collaterals and many other little issues here and there."
}