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{
    "id": 49312,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/49312/?format=api",
    "text_counter": 226,
    "type": "speech",
    "speaker_name": "Mrs. Kilimo",
    "speaker_title": "The Assistant Minister for Co-operative Development and Marketing",
    "speaker": {
        "id": 173,
        "legal_name": "Linah Jebii Kilimo",
        "slug": "linah-kilimo"
    },
    "content": "(b) I wish to inform the House that my Ministry has been working closely with the management committee of Ufundi SACCO in the management of refunds to members without destabilizing the operations and the stability of the SACCO. This is being done in conformity with the Co-operative Societies Act, rules and by-laws. For this reason, the SACCO, with the guidance of my Ministry, has since 1999 issued refunds to the tune of Kshs100 million. In addition, the establishment of the SACCO Societies Regulatory Authority (SASRA) through the SACCO Societies Act, 2008, is playing a major role in assisting the society in applying prudential standards for effective management."
}