{"id":506962,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/506962/?format=json","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."}