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{
    "id": 180685,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/180685/?format=api",
    "text_counter": 7,
    "type": "speech",
    "speaker_name": "Mr. Muriithi",
    "speaker_title": "",
    "speaker": {
        "id": 91,
        "legal_name": "Ndiritu Muriithi",
        "slug": "ndiritu-muriithi"
    },
    "content": "Mr. Deputy Speaker, Sir, I beg to give Notice of the following Motion:- THAT, appreciating the fact that rural enterprises fail to take off due to lack of seed capital; further aware that pooling of funds is one of the means of achieving community development; noting the inherent fund raising potential among ordinary Kenyans in rural and urban areas as evident from the over-subscription of the Safaricom IPO and other IPOs; this House do grant leave for the introduction of a Bill entitled \"the Constituency Revolving Fund Bill\", to establish a constituency- based non-lapsing enterprise fund to provide credit to small enterprises at constituency level on the basis of group guarantee, collateral and other means of securing the funds, establish the Management Board, the Board of Trustees and matters connected therewith and incidental thereto."
}