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{
    "id": 1180538,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1180538/?format=api",
    "text_counter": 596,
    "type": "speech",
    "speaker_name": "Suba North, ODM",
    "speaker_title": "Hon. Millie Odhiambo-Mabona",
    "speaker": null,
    "content": " Thank you Hon. Temporary Speaker. First of all, let me thank the Parliament of Kenya for sending Members for sports. May they be sent every three months because it is very exciting and we do not want to wait for long. We were few and it was very exciting. So, may Parliament form the habit of sending more Members for sports every three months. Hon. Temporary Speaker, having said that I am among the naysayer who Hon. Kimani Ichung’wah was referring to unapologetically, I do not support the Financial Inclusion Fund Regulations as crafted. We do know for sure if we need to include majority of Kenyans. I do not like using the word ‘hustler’ because it is really abused. Most of my life I have worked on the issue of inclusion. So, I think this Fund will be used to abuse that category of persons. The reason I want to reiterate what other Members have said is because this is Fuliza in another word. It will end up harming majority of the women and youth in this country. For example, if you are given Kshs500 an amount is automatically removed plus the 8 per cent interest. What the hell will you remain with? This money is not even enough to purchase the phone through which you receive this money. Even if it is a mlika mwizi you cannot even buy it with this money. So, if you ask me this is a cash cow some people are trying to use to steal money from Kenyans. Hon. Temporary Speaker, I do not understand why what we had started in the last Parliament could not have continued. This was consolidating all Government Funds including the Uwezo Fund and reforming them, so that they serve Kenyans better. I want to agree with Hon. Mbadi that we need a grant for this category of persons who we all have in our constituencies. People who have very small amounts of money make a difference. The Member for Molo was talking of Ksh10,000. I come from a constituency where Ksh1,000 or Ksh2,000 will make a difference. Although it will not make a difference when you are giving with the right hand and taking away with the left hand because this is what this Fund is doing. During the campaigns I heard Hon. Ichung’wah telling people that it would be interest-free. Today, I am hearing him changing and saying that it will be charged 8 per cent interest. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}