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"id": 1380364,
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"type": "speech",
"speaker_name": "Gilgil, UDA",
"speaker_title": "Hon. Martha Wangari",
"speaker": null,
"content": " One, is the issue of 6 per cent interest, which is a new introduction because it was 0 per cent. What has this done to the loan recovery? I gave an example of Gilgil Constituency, where our recovery rate was an average of 98 per cent. This is because they used to pay back very well. Two, what will you do to existing customers? I gave an example of Diatomite Women Group in Gilgil. They used to get Ksh750,000 having grown through the system but now, they are getting Ksh50,000. Three, when will lending resume? Currently, it has stopped. Will it be manual or digital? Finally, could the Cabinet Secretary confirm, if WEF will continue to offer LPO financing and KEBS certification as it used to do for women groups before it was put on the digital platform? I hope that works."
}