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{
    "id": 210990,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/210990/?format=api",
    "text_counter": 60,
    "type": "speech",
    "speaker_name": "Mr. ole Metito",
    "speaker_title": "",
    "speaker": {
        "id": 199,
        "legal_name": "Judah Katoo Ole-Metito",
        "slug": "judah-ole-metito"
    },
    "content": "Mr. Deputy Speaker, Sir, the money that is going through the financial intermediaries has some conditions that are set by the Ministry and one of them is that the youth groups or individuals--- Those funds with the financial intermediaries can be accessed by individuals as well as groups. Some of the conditions that we agreed upon with the financial intermediaries are, first, not to ask for collateral and secondly, not to charge interest rates more than 8 per cent. I think that is fair if you try to compare with the market rates. Although I agree that some of the financial intermediaries have been trying to actually move the goalposts by trying to charge more than 8 per cent, that has been dealt with by the Ministry, I am sure that the youth groups are in safe hands of the Ministry of State for Youth Affairs."
}