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{
    "id": 249505,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/249505/?format=api",
    "text_counter": 161,
    "type": "speech",
    "speaker_name": "Mr. Syongo",
    "speaker_title": "",
    "speaker": {
        "id": 316,
        "legal_name": "Zaddock Madiri Syong'oh",
        "slug": "zaddock-syongoh"
    },
    "content": "Mr. Temporary Deputy Chairman, Sir, the Hire Purchase Act is a legacy that the late Mr. J.M. Kariuki left for Kenya and it was intended to help Kenyans to acquire capital goods including machinery for setting up small businesses. Unfortunately, because of the rising costs the relevant threshold has moved substantially because of the cost of items. Mr. Temporary Deputy Chairman, Sir, this amendment is essentially intended to make this Act still relevant as a facilitator to help Kenyans to acquire capital goods including starting small enterprises. I, therefore, second."
}