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{
    "id": 416638,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/416638/?format=api",
    "text_counter": 22,
    "type": "speech",
    "speaker_name": "Hon. Mulu",
    "speaker_title": "",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "and then invoice. This means you require capital for you to supply. While we say the directors should be 100 per cent youth and then they are expected to kind of pre-finance, the question is, will they have the funds? Could there be a need for us to state that out of the directors; we could allow 80 per cent youth and 20 percent non-youth? This way, we will be able to facilitate them when they require pre-financing to access resources. The other alternative, as part of the amendment is that we can demand that they access resources without being required to provide security. If we do this, we will assist them access opportunities. In a situation where they have to provide pre-financing and they do not have access to money, they will have problems. Even though the Uwezo Fund will be there, I do not think it will be sufficient to fund things like grading of roads and supply of materials to Government, which require a lot of money. Hon. Deputy Speaker, while I support the amendment, there could be need to look at the company directors and the issue of pre-financing to see whether we can do anything to help the youth. I would recommend that the Mover, hon. Sakaja, looks at it to see whether there is a way that it can be sorted out. With those remarks, I support the amendment because it is going to help our youth."
}