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{
    "id": 416836,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/416836/?format=api",
    "text_counter": 220,
    "type": "speech",
    "speaker_name": "Hon. Irea",
    "speaker_title": "",
    "speaker": {
        "id": 1335,
        "legal_name": "Gideon Mwiti Irea",
        "slug": "gideon-mwiti-irea"
    },
    "content": "Thank you, hon. Temporary Deputy Speaker. I would like to take this opportunity to thank the Mover of this Bill, hon. Sakaja. This is a good Bill. These amendments have come at the right time. But, I think it is time we thought of opening a national youth micro-finance bank so that the money for the youth is channeled through that bank. This will help the youth to do procurement because they will have a bank that understands them. That is because major banks in this country will give the youth money at very high interest rates, which they may not be able to repay after getting those tenders. Therefore, I support this amendment, but in the near future, we need to bring a further amendment to this amendment so that we can form an institution which will help the youth when they get those tenders from various institutions. The Uwezo Fund is a very good idea which we passed yesterday. But I think we need a bank that will give the youth money at low interest rates. That is because when a The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}