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{
    "id": 850233,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/850233/?format=api",
    "text_counter": 538,
    "type": "speech",
    "speaker_name": "Nominated, ODM",
    "speaker_title": "Hon. (Prof.) Jacqueline Oduol",
    "speaker": {
        "id": 856,
        "legal_name": "Dennitah Ghati",
        "slug": "dennitah-ghati"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker, for opportunity to speak to this Bill which in itself is a very important Bill. As I support this Bill, I would like to focus on the way in which it addresses what has been a very major challenge for SACCO in Kenya. That is, weak leadership and governance. When we consider the manner in which SACCOs have evolved and have become a very key aspect of almost all groups that are organised be they youth groups, women groups, the marginalised groups, persons with disabilities, parents trying to pay school fees and very many other groups that would like to have start-up funds, then we see SACCO as a movement. SACCO societies have become a very key aspect that provides start-up funding for those who would like to engage in entrepreneurial activities. As I support this Bill, I feel that it has done a very good job by pointing out ways in which we would contribute to strong leadership by providing information and protecting those who would be seeking to put their monies in the SACCOs and who might not be alert to the sort of dangers that they might be getting into. In particular, there would not be room for any of those in the leadership in the SACCOs to amend its registered bylaws without referring to Authority. There are a number of cases where women groups that tended to work more around the merry-go-rounds had no idea of how they could organise and get loans. Some of them would fall prey to directors or leadership of suspicious character. In this Bill, we can see that there is effort to determine the suitability of those who would be seeking to serve either as directors or officers. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}