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{
    "id": 110803,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/110803/?format=api",
    "text_counter": 46,
    "type": "speech",
    "speaker_name": "Mrs. Kilimo",
    "speaker_title": "The Assistant Minister for Co-operative Development and Marketing",
    "speaker": {
        "id": 173,
        "legal_name": "Linah Jebii Kilimo",
        "slug": "linah-kilimo"
    },
    "content": " Thank you, Mr. Deputy Speaker, for protecting me. However, considerable progress in refunding the former membersâ their dues has been realised through the concerted efforts of our Ministry in consultation with the management committees of the two SACCOS. So far, Kshs525, 447, 952 has been refunded by Teleposta Sacco to over 9,469 of its former members. The balance of Kshs141, 776,162 affecting some 2,044 members shall be retired gradually through disposal of society assets including the monthly remittances by members of Kshs5million. The Mawasiliano SACCO has not been able to fully meet its share refunds in part, due to inadequacy of working capital at its disposal. However, in an Annual General Delegates meeting held on 18th November, 2008, members mandated the society to dispose of some of its assets. In the meantime, the first-come, first-served application is in use. Meanwhile the society has refunded over Kshs6, 248,350 to all the members who left in 2006 and about 40 members who left in 2007, leaving a balance of Kshs40, 255,347. However, it has put in place measures to pay some Kshs200, 000 as refunds from monthly remittances and increase the figure as and when cash flow improves. (b) My Ministry is working closely with the management committees of the two SACCOs in managing the refunds. I am therefore satisfied with the current arrangement"
}

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