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"id": 1566492,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1566492/?format=api",
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"type": "speech",
"speaker_name": "Sen. Oketch Gicheru",
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"content": "Young people are also not in the SACCOS because those jobs are not lucrative to them. Most young people do not want to venture in agriculture hence they cannot be members of those cooperatives. That generational gap can be very dangerous for our country if we do not give it life by this kind of legislation. Lack of a succession plan in the cooperatives means that the SACCOS are just avenues for subsistence business and not businesses that have got commercial viability that can compete at a national level and global stage. There is an attempt by this Bill to solve some of these issues. The sections proposing that the counties work with the national level on governance will help solve some of the issues that make it difficult for us to build strong cooperatives. To some extent, those challenges have also gone to gender gaps. You have seen that a number of cooperatives in our villages tend to be male-dominated. The reason for that is what I have just talked about. In most cases, they are small businesses that are not following the corporate structure of bigger businesses. Therefore, the owners of capital, who tend to be men in our communities, tend to dominate those SACCOS. We can solve those issues with proper legal framework being proposed by this Bill. The idea of solving weak legislations and leadership within the cooperatives will be enhanced by this particular Bill. If we pass this particular legislation, we will have SACCOS that have vision, proper mission and will run with proper business practices like those cooperatives in other countries. I will say something now that I have talked about the national gap. Our country has done very well in terms of financial services. If you go to the United States of America or Europe, most people who have tried to do businesses there tend to depend on two things. First, they depend on proper line of credit from banks. The banking institutions are very big to the extent that daily expenses are found within a credit card. People then tend to depend on credit card for consumption, business enterprises and individual subsistence."
}