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{
    "id": 1162271,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1162271/?format=api",
    "text_counter": 133,
    "type": "speech",
    "speaker_name": "Sen. M. Kajwang’",
    "speaker_title": "",
    "speaker": {
        "id": 13162,
        "legal_name": "Moses Otieno Kajwang'",
        "slug": "moses-otieno-kajwang"
    },
    "content": "The original loan was taken from Equity Bank. Along the way, they made a decision to sell the loan to KCB. Along the way, they again made another decision to sell the loan to United Bank for Africa (UBA). At a time when we had interest rate controls, the interest rate on this loan was almost 30 per cent when the average interest rate was 12 to 14 per cent. Penal interest had been applied because the county had delayed in making their installments. So, they were paying almost 30 per cent."
}