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{
    "id": 1097513,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1097513/?format=api",
    "text_counter": 347,
    "type": "speech",
    "speaker_name": "Sotik, JP",
    "speaker_title": "Hon. Dominic Koskei",
    "speaker": {
        "id": 13480,
        "legal_name": "Dominic Kipkoech Koskei",
        "slug": "dominic-kipkoech-koskei"
    },
    "content": "First of all, I thank the late Hon. Oroo Oyioka because of this well-thought out proposal. I also thank Hon. Wanga, the Chairlady of the Committee, for bringing up this matter. This issue of mobile money-lending applications is a serious concern out there for the people we represent, especially the young people. If you look at it, most of us are on Fuliza . You want to send money, but do not have enough, so, you find yourself on Fuliza . However, when you get to know the real facts about Fuliza, it is a very expensive loan. I support the fact that the mobile money-lending applications should be regulated. It is a very timely Bill coming at this moment in time. We are ready to support it. It is also important to note that we are also supporting the growth of technology and mobile applications all over, but it comes along with many pros and cons. So, it is important that we take our time to look at the Bill, support and concur where we can and make sure that our people are safe. Thank you, Hon. Temporary Deputy Speaker."
}