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{
    "id": 863370,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/863370/?format=api",
    "text_counter": 248,
    "type": "speech",
    "speaker_name": "Kitui Central, WDM-K",
    "speaker_title": "Hon. Makali Mulu",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "As it has been said, the contribution of SACCOs to the economy of this country is very high. Kenyans who have made serious investments without using the shortcut of corruption have been funded by SACCOs. Majority of teachers and civil servants go to SACCOs to get loans for investment and in, say, three years, they complete paying and go for another one. By the time they do their 30 or 40 years of service, they would have developed themselves and their families. So, the contribution by SACCOs to the growth of our economy is very important. That is why we need a very good legislative framework to regulate this sector."
}