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"id": 1180488,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1180488/?format=api",
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"type": "speech",
"speaker_name": "Bomachoge Chache, UDA",
"speaker_title": "Hon. Alfah Miruka",
"speaker": null,
"content": " Hon. Temporary Speaker, is the Member in order to say that the ‘Hustlers Fund’ is equivalent to Fuliza ? Fuliza automatically deducts the interest payable while there is no interest to be deducted on the ‘Hustlers Fund’. The 8 per cent interest rate is applied per annum and it is part of the regulations that we are currently debating. I am not sure whether the regulations have the 8 per cent interest rate. We are discussing the Fund Regulations to enable the common mwananchi to freely access funds that can sustain him or her. Is the Member in order to equate the ‘Hustlers Fund’ to the Fuliza money-lending platform?"
}