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{
    "id": 110814,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/110814/?format=api",
    "text_counter": 57,
    "type": "speech",
    "speaker_name": "Mrs. Kilimo",
    "speaker_title": "",
    "speaker": {
        "id": 173,
        "legal_name": "Linah Jebii Kilimo",
        "slug": "linah-kilimo"
    },
    "content": "still have loans you have not paid. Teleposta SACCO invested in a building, the Teleposta Towers, which they sold at Kshs1.2 billion to be able to pay off some of the members. They entered into this contract together to put up an asset. None of them anticipated that retrenchment was on the way. When they sold the building they were able to pay on a first-come-first served kind of scenario. Out of the 14,000 members of the Teleposta SACCO, about 9,000 have been paid. What is left is 3,981 members who have not been paid from the proceeds of the Teleposta Towers which was sold. The members who were not retrenched are still making contributions of only Kshs5 million to the SACCO and these members also still have loans. The members who were not retrenched are still making contributions of only Kshs5 million per month to the SACCO. Those members still have loans. They take loans from the same Teleposta. What is left after their loans have been recovered is paid as dues to those who have been retrenched. I have said that Teleposta SACCOs still wants to sell more of its assets to pay its members. It has a plot in South B that it wants to sell and pay its members."
}