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{
    "id": 506962,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/506962/?format=api",
    "text_counter": 315,
    "type": "speech",
    "speaker_name": "Hon. Kabando wa Kabando",
    "speaker_title": "",
    "speaker": {
        "id": 31,
        "legal_name": "Kabando wa Kabando",
        "slug": "kabando-kabando"
    },
    "content": "If you want to trade in Government long-term securities currently, you need to invest a minimum of Kshs50,000. By “long-term” I mean a period of 365 days to about 40 years. If you want to trade in short-term Government securities, you need to invest a minimum of Kshs100,000. The 2009 Economic Survey notes that only 2 per cent of our population earn a monthly salary of over Kshs50,000. The 98 per cent of our young enterprising individuals, and the mushrooming groups that we continue to precipitate through national initiatives like Uwezo Fund groups--- These groups comprise of the historically marginalised female gender and youth groups, whose normal ceiling for funding is Kshs50,000, that can incrementally improve upon successful repayment of loans."
}