{"id":1299325,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1299325/?format=json","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."}