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{
    "id": 644556,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/644556/?format=api",
    "text_counter": 124,
    "type": "speech",
    "speaker_name": "Hon. Odanga",
    "speaker_title": "",
    "speaker": {
        "id": 2286,
        "legal_name": "Geoffrey Makokha Odanga",
        "slug": "geoffrey-makokha-odanga"
    },
    "content": "Thank you, Hon. Temporary Deputy Speaker. I support the Bill as brought forward by Hon. Njomo because Kenyans have been suffering a lot due to high interest rates that are charged by commercial banks. There are times when banks charge interest rates way beyond the amount that was initially borrowed. I do not think this should be allowed in this country. We should cap interest rates, so that they do not exceed the actual amounts that were borrowed, no matter how long it takes. Banks have been doing a lot of business while giving very little returns to Kenyans. We would like Kenyans to borrow, so that they can invest. They can only do that when interest rates The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}