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{
    "id": 1339751,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1339751/?format=api",
    "text_counter": 44,
    "type": "speech",
    "speaker_name": "Ugenya, ODM",
    "speaker_title": "Hon. Opiyo Wandayi",
    "speaker": {
        "id": 1007,
        "legal_name": "Christine Oduor Ombaka",
        "slug": "christine-oduor-ombaka"
    },
    "content": " I want to comment on the Petition concerning the credit professionals or credit service providers. It is a timely Petition, and if at all it is true that there is no law governing credit providers, then it is high time such a law was enacted because that lacuna can be very dangerous. As we know, Kenyans are going through tough times financially and economically, and everybody is struggling to make ends meet. Therefore, many times, people resort to those credit providers, many of whom are people you do not understand where they are coming from or going. Due to desperation, Kenyans are subjected to very stringent conditions via those shylocks, if I may call them so. So, we need a law to govern the shylocks for lack of proper terminology and the credit providers generally. This is so that credit facilities can be managed in an environment with certainty and predictability. As we know, credit is a critical factor in economic growth generally. Thank you, Hon. Temporary Speaker."
}