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"id": 914871,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/914871/?format=api",
"text_counter": 106,
"type": "speech",
"speaker_name": "Suna East, ODM",
"speaker_title": "Hon. Junet Nuh",
"speaker": {
"id": 2840,
"legal_name": "Junet Sheikh Nuh",
"slug": "junet-sheikh-nuh"
},
"content": "I want to thank Hon. Wakapee for bringing this Bill at this time. He realised that Kenyans suffer through the lenders who only care about the interest they earn and the money they get from you. This Bill will go a long way to make credit cheap because banks will make sure they engage the borrower in a manner that he will be able to pay. Nowadays, a borrower defaults and in a month or two months they go for the guarantor because they know he is a rich man and can afford to pay on behalf of the borrower. So, they do not even bother with the borrower. They go for the guarantor immediately."
}