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{
    "id": 467035,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/467035/?format=api",
    "text_counter": 225,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Tobiko",
    "speaker_title": "",
    "speaker": {
        "id": 1663,
        "legal_name": "Peris Pesi Tobiko",
        "slug": "peris-pesi-tobiko"
    },
    "content": "indicated, in this country, we have Kenyans who have mobilized themselves into small groups trying to do business. We have women doing table banking, merry-go-rounds and small chamas that are trying to mobilise their resources for the betterment of their families. The only way for them to access banking services is through microfinance institutions. I am also happy that the role of the Central Bank has been specified and clarified and Kenyans’ money will be taken care of. You realise that soon we will have the Uwezo Fund being operationalised and Kshs6 billion will be circulating in our market. The only way for Kenyans to secure their savings and have a saving culture is by having these microfinance institutions available to them and closer home. You also realise that there are many SACCOs that have front banking services. This is the way to go. The microfinance institutions normally are the ones that handle Kenyans in a friendlier way. They have personalised services and they even finance LPOs. They do not have strict terms like the multi-national banking institutions. This is the way we must go. We are encouraged and I believe this is a Bill that we should support."
}