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{
    "id": 1299325,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1299325/?format=api",
    "text_counter": 146,
    "type": "speech",
    "speaker_name": "Sen. Okenyuri",
    "speaker_title": "",
    "speaker": null,
    "content": "Thank you, Madam Temporary Speaker. I rise pursuant to Standing Order No. 53 (1), to seek a Statement from the Standing Committee on Finance and Budget on the socio-economic impact of the Hustler Fund. In the Statement, the Committee should- (1) State the total amount of money that has been disbursed to borrowers since the launch of the Hustler Fund, indicating the loan uptake in percentage per age group; (2) State the default rate of the Hustler Fund loans, making comparison to the default rates of loans advanced by commercial banks in Kenya; (3) Outline the steps the Government has taken to recover the defaulted funds, clarifying whether the Government intends to waive any amounts owed by the most vulnerable youths; and, (4) Highlight the socio-economic impact of the fund, detailing any documented success stories, particularly from Kisii County. The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard Services,Senate."
}