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"id": 851363,
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"type": "speech",
"speaker_name": "Gilgil, JP",
"speaker_title": "Hon. (Ms.) Martha Wangari",
"speaker": {
"id": 13123,
"legal_name": "Martha Wangari",
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"content": "Section 19 says that the social impact member shall only vote on resolution relating to the special fund, the investment committee, the special fund trustee and the matters accidental thereto. It may look like it is an easy thing when you say it is an exception, but these are the main issues in a SACCO. A member just comes in, he or she does not subscribe, does not pay any subscription but he or she is allowed to take serious issues and vote as opposed to the original members of a SACCO. No. 3 says the Members of the society, other than the social impact members, shall not be entitled to vote on matters for the social impact members. That is an exclusion club. That class is not defined. We do not even know how to introduce them into a SACCO. They come with their money. It does not make sense, not one bit and it should be reviewed."
}