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"content": "this is a time for us to start a national conversation, so that the fears that potential users to these Funds have can be laid to rest so that they realise that these Funds are interest free. In fact, when you talk to the youth, you will realise that they fear going for money from these funds because of the words, “you have to pay back.” Kenyan youth must realise that to be given a loan interest free is like being given a grant. This culture of people wanting to be given free things is the one that makes our country live on the dependency mentality; the beggar mentality. This is now amazing. I remember a few days ago when I was driving from Westlands at 1.00 a.m. going to my home; when I got to Mombasa Road, outside Nyayo Stadium, there was a traffic snarl up. I saw a boy there, who was standing and selling groundnuts. When I looked at him, I found that he was dozing. That meant that something went wrong; when the boy moves away from his mother--- According to me, this was a first class entrepreneur; a boy of about 12 years selling groundnuts at 1.00 a.m. He is an entrepreneur only that he has been asked by his mother to go and do it. If only this kind of brain could be taken care, of not through little things like free laptops, but proper education, he can become a real entrepreneur. Now the President wants to give him a lap top worth Kshs30,000, but he is selling groundnuts so as to make ends meet. We should have his problems solved so that instead of selling groundnuts, he can be in class in the morning, doing his homework. These are the potential entrepreneurs that this Fund can assist. Whereas some people may say, “why introduce a GEF when we have the YEF”, I would like them to see the difference. Graduate youth have special needs which are unique. I have in mind, for example, a graduate engineer. A graduate engineer may want funds to set up a practice either as a contractor or whatever engineers do when they are in private practice. A graduate of medicine degree may want money to put up a medical practice. Imagine a situation where we have five doctors coming together; an ophthalmologist, a gynecologist, a surgeon, a physician and want to set up a special medical practice at the county headquarters. If they did that, we would have removed the pressure on Kenyatta National Hospital and the Nairobi Hospital. We can get these specialized services at the county level instead coming here in Nairobi, Mombasa, or Kisumu. It is through this kind of GEF that young graduate doctors will actualize their talents in business. You can think of the veterinary doctors. Upon graduation, veterinary doctors are not guaranteed employment and yet their services are really needed. If these young people were given money, then Artificial Insemination (AI) that used to be very successful in the 1970s when we were in primary schools, then the quality of our animals and quality of the milk that they produce and our beef would improve because doctors would be having their own practices in the countryside. Think about the surveyors. They need some money to practice. Think about young advocates who sometimes are smarter than their older learned friends. They even find it difficult when they have to work at the whims of their senior colleagues for a very long time before they move on. The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}