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{
    "id": 336352,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/336352/?format=api",
    "text_counter": 223,
    "type": "speech",
    "speaker_name": "Mr. Namwamba",
    "speaker_title": "The Minister for Youth Affairs and Sports",
    "speaker": {
        "id": 108,
        "legal_name": "Ababu Tawfiq Pius Namwamba",
        "slug": "ababu-namwamba"
    },
    "content": "(b) The Fund has been taking long to disburse funds to Bomet County and other counties throughout the country due to reliance on community committees to vet loan applications. These committees have been sitting quarterly due to budgetary constraints resulting to quarterly appraisal of loan applications. Ordinarily, it takes three months to disburse funds to applicants. The committee’s lack of requiste expertise to determine viability of business ideas presented has also been a challenge. The arrangment has also been that the clearing of all these processess has to come all the way to the head office in Nairobi which causes further delays. To ensure that applications are processed faster, the Fund is in the process of opening regional offices and posting constituency officers at the constituencies to ensure that applications will now be processed at regional offices on a weekly basis thus reducing the turnaround time to less than a month. Further, there is a plan, and I have personally given instructions to the Youth Enterprise Development Fund to swiftly devolve this Fund in line with the devolution framework within the"
}