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"id": 721688,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/721688/?format=api",
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"type": "speech",
"speaker_name": "Hon. Ichung’wah",
"speaker_title": "",
"speaker": {
"id": 1835,
"legal_name": "Anthony Kimani Ichung'Wah",
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"content": "Therefore, if there is sector in this country which is sabotaging the growth of the economy it is the financial sector. This Bill comes at a very appropriate time to allow many of these financial institutions to take alternative securities other than just the fixed assets. Many of our youth and women do not have land which they can use as collateral to access credit facilities. But with this Bill they will be able to use those other moveable securities which they have. Think about the boda boda riders who are all over the country. They cannot use their motorbikes which are moveable assets as collateral to access bank loans."
}