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{
    "id": 914892,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/914892/?format=api",
    "text_counter": 127,
    "type": "speech",
    "speaker_name": "Kathiani, WDM-K",
    "speaker_title": "Hon. Robert Mbui",
    "speaker": {
        "id": 1750,
        "legal_name": "Robert Mbui",
        "slug": "robert-mbui"
    },
    "content": " Thank you, Hon. Deputy Speaker, for giving me this opportunity. I also rise to support this Bill by Hon. Francis Waititu. I begin by thanking him because he has done what has brought us all into this House, namely, to legislate and represent the people. He has combined it very well. This is an excellent piece of legislation which helps to represent the people and ensure that they are protected. This is a good fight for Kenyans. This Bill is straightforward because it basically seeks to protect guarantors so that in case one guarantees somebody a loan, then their property will not be the first port of call when any defaulting takes place. Basically, this is an excellent idea. I have come across a number of people who have lost their property because of this kind of situation. I must confirm that my mother lost 10 acres of land because of guaranteeing an in-law. In our traditional African culture, we are extremely generous to family, extended family, friends and in-laws. So, it is very unlikely that if one has a piece of property and a relative wants some assistance in the form of a guarantee, not by giving them the money, most of us will probably say “yes”. That is generally how we are, as Africans. It is something that has been used and abused by commercial banks for a long time. They look at the properties of the guarantor. If they look more attractive and easier to sell, they quickly get rid of them and pay back their loan. What Hon. Waititu has done today is to protect Kenyans and ensure that they operate without this fear."
}