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{
    "id": 1192565,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1192565/?format=api",
    "text_counter": 299,
    "type": "speech",
    "speaker_name": "Kaiti, WDM",
    "speaker_title": "Hon. Joshua Kimilu",
    "speaker": null,
    "content": "Hon. Temporary Speaker, in countries where public policies are streamlined, many SMEs grow to become large-scale traders, and they eventually become serious business people. Small businesses are very important for the economy of a country. They stimulate economic growth and, therefore, we need to value them. Those who are engaged in the boda boda business are looking for a way of accessing capital. The problem they have is lack of collateral. Before you can access funds in this country, there is a requirement for collateral. Once we have a policy in place that will enable such people o access cheap loans without having to provide collateral, they can start their small businesses within days and start contributing to the growth of the economy of this country."
}