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{
    "id": 632521,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/632521/?format=api",
    "text_counter": 228,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Kipchoim",
    "speaker_title": "",
    "speaker": {
        "id": 1200,
        "legal_name": "Grace Jelagat Kipchoim",
        "slug": "grace-jelagat-kipchoim"
    },
    "content": "Thank you, Hon. Temporary Deputy Speaker for protecting me from the good Member for Muhoroni. In our constituencies, women and youth are going through difficult times when it comes to getting loans from banks. The banks have made it impossible for them to get any money. With the high interest rates that they are charged, they are unable to do any business especially in the rural areas. The rate at which banks are charging is expensive and too high for the people. We now have the rainy season and farmers want to prepare their farms. They cannot do any anything because they rely on loans from SACCOs, Equity Bank and the Kenya Women Finance Trust (KWFT). Women are already losing their chicken and sufurias because of problems from banks. The noble thing that this House can do is protect our people from exploitation from banks. If we stop these banks from levying high interest rates on farmers and loanees, we will help the farmers who are the backbone of the society. We rely on small businesses to support the economy of this country. I support the Bill."
}