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{
"id": 1196667,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1196667/?format=api",
"text_counter": 43,
"type": "speech",
"speaker_name": "Sen. Oketch Gicheru",
"speaker_title": "",
"speaker": null,
"content": "To make the situation worse, micro lending companies offering unsecured loans provide small loans, which are not significant enough to finance or establish a relatively good business venture. This has made the average Kenyan to opt for asset-based loans, with loans backed by collateral of motorcycles and motor vehicles being the most common and attractive form of borrowing in our markets today. Micro-lenders such as Mogo, Watu Credit, Progressive Credit, Tugende and M-"
}