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{
    "id": 389555,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/389555/?format=api",
    "text_counter": 228,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Otucho",
    "speaker_title": "",
    "speaker": {
        "id": 12837,
        "legal_name": "Mary Emaase Otuch",
        "slug": "mary-emaase-otuch"
    },
    "content": "This Bill is very timely. Just as my colleagues have mentioned, many Kenyans lost their money in the past due to lack of proper control mechanisms and weak administrative structures in our financial institutions. The businesses of some people even went under because they lost all their money in the financial institutions that went under. So, I support this Bill because it seeks to strengthen the regulatory framework that is in place. Once this Bill is enacted into law, members of the public will have confidence in saving their monies in banks. Even as we go out there and talk to women and youth to encourage them to involve themselves in wealth generating activities, and borrow money from Uwezo Fund and the Women Enterprise Development Fund (WEDF), they will have confidence in our institutions. They will know that their money will be secure. With those remarks, I beg to support."
}