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{
    "id": 232838,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/232838/?format=api",
    "text_counter": 321,
    "type": "speech",
    "speaker_name": "Mr. M'Mukindia",
    "speaker_title": "",
    "speaker": {
        "id": 271,
        "legal_name": "Kirugi Joseph Laiboni M'Mukindia",
        "slug": "kirugi-mmukindia"
    },
    "content": "Thank you, Mr. Deputy Speaker, Sir. I also wish to congratulate the Minister and thank him for bringing this Bill to the House. I hope that it will be implemented as soon as the President gives his assent to it. A few concerns have been expressed regarding the capital required for rural microfinance institutions; Kshs20 million may be considered too high. But I think the Minister has the leeway, in the setting up of regulations, to allow time for raising the capital so that, at least, some rural areas will be able to have these microfinance institutions. I hope that he will consider that point. Otherwise, I wish to support this Bill strongly and thank the Minister for bringing it to this House. With those few remarks, I beg to support. Thank you."
}