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{
    "id": 914923,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/914923/?format=api",
    "text_counter": 158,
    "type": "speech",
    "speaker_name": "Nominated, JP",
    "speaker_title": "Hon. David ole Sankok",
    "speaker": {
        "id": 13166,
        "legal_name": "David Ole Sankok",
        "slug": "david-ole-sankok"
    },
    "content": "It pains Kenyans, especially when you are a guarantor because, sometimes, banks collude with borrowers. The borrowers intentionally hide money. Some of those borrowers are advised by banks who to choose as guarantors because they know their bank accounts and they know how much they deposit every now and then. Sometimes, it is collusion. The banks would advise a borrower to look for Hon. Kabinga because he has a fat bank account and when he defaults, they will go for the Member. We do not know if they share the borrowed money. Once the borrower defaults, the banks choose not the one they lend the money to – that is the principal borrower - but the guarantor who was not involved in the process of borrowing."
}