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{
"id": 632431,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/632431/?format=api",
"text_counter": 138,
"type": "speech",
"speaker_name": "Hon. F. K. Wanyonyi",
"speaker_title": "",
"speaker": {
"id": 2065,
"legal_name": "Ferdinard Kevin Wanyonyi",
"slug": "ferdinard-kevin-wanyonyi"
},
"content": "I would like to ask Kenyans to bank with their Savings and Credit Cooperatives (SACCOs). In a SACCO, you can always talk to the manager who can give you the money you want at very lower rates. The banks cannot listen to you. I have had cases in my constituency where two schools bought buses through a bank, and these buses have been towed four times because they could not pay the interest. On checking, I realised they had paid almost twice the amount they had borrowed to buy the buses. This means that banks are reaping where they have not sown."
}