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{
    "id": 1180504,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1180504/?format=api",
    "text_counter": 562,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": null,
    "content": "Hon. Temporary Speaker, if you can protect me from the shouting by the Hon. Millie Odhiambo. She should get accustomed to listening when serious legislators like myself and Hon. John Mbadi are engaging on serious issues. That is when she may have the temperament to just listen. In the banking sector, you borrow based on your credit history. It is what this Fund is seeking to achieve because when the bank asks you for your six months’ bank statements to be able to evaluate whether you can borrow money from them or not, it is because you have built some history. It is that, that the Fund seeks to do by ensuring that people also are saving within the Fund. I heard Hon. John Mbadi say that you are saving in amorphous Government institutions. If you are a member of a SACCO, your savings go into your SACCO. The savings that you manage is your money. You are not saving for the money to be used by the Government. Tomorrow you will not need to borrow; you just need to access your savings once you have repaid your loan. Therefore, I just wanted to correct the misinformation because Hon. John Mbadi as an accountant – as accountants we deal with facts and figures – knows his facts but he wants to play politics. It is good to play politics but it is also unfair to misinform the people of Kenya and allude to the fact that people are being forced to do this and that people will be unable to pay. I just want to inform him that the people of Kikuyu are yearning for this Fund; and they will pay the loans they will manage to access."
}