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{
    "id": 1089348,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1089348/?format=api",
    "text_counter": 248,
    "type": "speech",
    "speaker_name": "Sen. Chebeni",
    "speaker_title": "",
    "speaker": {
        "id": 13187,
        "legal_name": "Mercy Chebeni",
        "slug": "mercy-chebeni"
    },
    "content": "Clause 25 of the Bill brings to light the issue of credit guarantee schemes. Finances are a major challenge for any start-up in the country. Capital is an issue. Many times, small start-ups look into their savings and it is not sustainable. Therefore, having a credit guarantee scheme will allow these start-ups to grow and not have financial challenges. Accessible financial support is crucial. This Bill also seeks to ensure that information on financial matters is relayed to young people who want to come up with start-ups. This is a critical aspect of this Bill. Clause 26 seeks to address the issue of training and capacity building. Many times, start-ups do not go beyond the second year mark. Within six months of operation, they die naturally. Sometimes, this is due to lack of mentors and skills. When I see how progressive this Bill is and how it looks at the issue of mentorship, skills and capacity building, it makes sense and is timely. It will ensure that training programmes are there for young start-ups. It will also ensure that mentors and resource persons are working with the start-ups. This is important so that start-ups grow beyond the second year mark. A lot has been said. However, one of the things that I need Sen. Sakaja to look into in the Bill is to create awareness at the county level. This is because many times, rural youth are not aware of such provisions. If there is a provision for county governments and national Government to create awareness among the youth, it will be critical so that young people are aware of certain things that happen in the Government. Clause 3(f) and (h) are similar in terms of promoting an enabling environment, so they should be amended. Other than that, I support this progressive Bill. Congratulations Sen. Sakaja."
}