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{
    "id": 1048898,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1048898/?format=api",
    "text_counter": 236,
    "type": "speech",
    "speaker_name": "Sen. (Dr.) Musuruve",
    "speaker_title": "",
    "speaker": {
        "id": 13188,
        "legal_name": "Getrude Musuruve Inimah",
        "slug": "getrude-musuruve-inimah"
    },
    "content": "Sometimes you may find two or three co-operatives being run by the same people. When it is detected that a certain co-operative has a similar name to another one, that is also ground for rejection. There will be a lot of scrutiny for co-operatives. That is important because sometimes board members could be in a co-operative that is performing poorly but the same people are also board members in other co-operatives. This Bill will ensure that such issues are sieved out so that if there are co-operatives with similar names and all that, then they will not be registered. It is important that this Bill sees the light at the end of the tunnel, so that Kenyans are also helped. Many Kenyans are in co-operatives for a reason. Co-operatives are good avenues for Kenyans to make it in life by owning houses and land. People take loans from co-operatives because their interest rates are cheaper compared to banks. We need to help Kenyans join co-operatives that will stand and not those that will fall after some years. There is also need for Parliament to do checks on co-operatives after a certain period of time. There is need to investigate whether co-operatives stand by their objects or not. If there are issues on co-operatives, they should be brought on the Floor of House. The Senate should work with speed to ensure that if there is any issue arising on co- operatives, then it is sorted out to help a Kenyan out there who earns a living and sends their hard-earned money to a co-operative in order to buy a plot eventually or take children to school. We must see how to protect the money that Kenyans sweat for in order to save because saving money is not easy."
}