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{
    "id": 457867,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/457867/?format=api",
    "text_counter": 143,
    "type": "speech",
    "speaker_name": "Hon. Katoo",
    "speaker_title": "",
    "speaker": {
        "id": 199,
        "legal_name": "Judah Katoo Ole-Metito",
        "slug": "judah-ole-metito"
    },
    "content": "Fund allocation totals Kshs6 billion and it is proposed that there will be an administration charge of three percent which will be deducted. There will be Kshs500 million which will be earmarked for capacity building for the groups in order to ensure that the recipients are given skills, knowledge and market linkages necessary to run respective enterprises. The balance of the Fund therefore, will be divided among all the constituencies with 70 per cent shared equally among all the constituencies and 25 per cent being shared on the basis of poverty index for equalization purposes. Hon. Temporary Deputy Speaker, of the total amount received per constituency, it is proposed that 20 per cent will be earmarked for religious institutions, a grant to administer the women and youth groups within their jurisdiction. The balance per constituency thereafter will be administered as 75 per cent loan and 25 grants for each beneficiary group. Fund administration will be payable only to a group from a minimum of Kshs50,000 and not exceeding Kshs500,000"
}