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{
    "id": 336355,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/336355/?format=api",
    "text_counter": 226,
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    "content": "Constitution. This is because it does not make sense at all for an application from Bomet County to come for clearance in Nairobi when Bomet will be properly constituted as a county with all requisite systems necessary for the county government. So, that is one part of the processses that are going on in terms of restructuring the Fund to bring it in line with the devolution structure. I wish to add that the Fund has had a fair impact on the more than 180 youth enterprises it has financed. However, it can and has had impact only on the succesful applicants. The Fund does not have adequate resources to finance all the youth. In addition, the Fund only finances youth who are in business or who wish to start businesses and whose ideas are viable. Let me admit that I personally do believe that the Fund could actually do better and it should be able to do better. Among the things that we are doing as part of the restructuring of the Fund is to diversify products, increase levels of lending to the youth and relaxing requirements. All this is part of a process of restructuring this Fund considerably to make it responsive to the needs of young people in the country."
}