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"type": "speech",
"speaker_name": "Hon. (Dr.) Nyikal",
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"legal_name": "James Nyikal",
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"content": "The guidelines further indicate that these institutions will be subject to a credit information sharing framework just like the one used by commercial banks and micro-finance institutions. Once these institutions are subjected to the CRBs, we can be sure that this is a safe way to go. We are starting with the cooperative societies. The microfinance institutions have already been brought on board. So many women have gone into table banking. We should bring on board even the deposit taking SACCOS. It is a gradual, acceptable and easy movement into a hard money economy. With that, I support the Bill."
}