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"type": "speech",
"speaker_name": "Rongai, KANU",
"speaker_title": "Hon. Kipruto Moi",
"speaker": {
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"legal_name": "Kipruto Moi",
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"content": "Clause 4 gives powers to this Authority to impose minimum standards on significant members and officers of a SACCO. Persons serving on the board should undertake at least minimum professional courses so that we inculcate a culture of professionalism in the management of SACCOs. Clause 5 mandates SACCO societies to exchange information. I have heard several other Members talk about credit information sharing between SACCOs, between SACCOs and banks and between SACCOs and microfinance institutions so that we weed out bad borrowers. With those few remarks, thank you for giving me this opportunity. I am a Member of that Committee. I support the Bill."
}