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"id": 850204,
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"type": "speech",
"speaker_name": "Nominated, JP",
"speaker_title": "Hon. David ole Sankok",
"speaker": {
"id": 13166,
"legal_name": "David Ole Sankok",
"slug": "david-ole-sankok"
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"content": "I am particularly impressed by Section 54 on sharing of information within the SACCOs. What has made SACCOs collapse at times is the borrowing of members who are not interested with the development of the SACCO but are self-centred. Those are the individuals who normally have this attitude of “I, me and myself.” They do not care about the SACCOs and so they borrow from one SACCO to another, migrate to other places and at the end of the day they fail some of the SACCOs. If there is this sharing of information according to Section 54, if a member is over borrowing from different SACCOs they will be noticed quickly and put under Credit Reference Bureau (CRB) so that the borrowing is controlled just like what is happening in the banks."
}