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{
    "id": 1144279,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1144279/?format=api",
    "text_counter": 237,
    "type": "speech",
    "speaker_name": "Seme, ODM",
    "speaker_title": "Hon. (Dr.) James Nyikal",
    "speaker": {
        "id": 434,
        "legal_name": "James Nyikal",
        "slug": "james-nyikal"
    },
    "content": "where they appointed consultants who never appeared on the ground to do the capacity building. So, the money, to a large extent, was a loss. And because there was no capacity building, the youth and women who got the money were not able to pay back. When it was brought in, it was seen as a gift from the Government for money that was not used when it was supposed to for a run-off. The basic failure, therefore, was capacity building and appropriate information. They also talked of irrational lending process and the fact that the Minister ignored the Committee’s recommendations. However, the most important thing is that if we merge this, then we must protect the people we wanted to get to through affirmative action. We must also look at how, be it Biashara Fund and it goes through the bank, how then, will the people be protected by the requirements of the banks that are always prohibitive. With that, I support the Committee’s recommendations and the Motion on this. However, we must look back and see how we can make these three Funds work because they are of enormous potential in empowering people on the ground. Thank you."
}