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{
    "id": 914941,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/914941/?format=api",
    "text_counter": 176,
    "type": "speech",
    "speaker_name": "Tigania West, JP",
    "speaker_title": "Hon. John Mutunga",
    "speaker": {
        "id": 13495,
        "legal_name": "John Kanyuithia Mutunga",
        "slug": "john-kanyuithia-mutunga"
    },
    "content": "Hon. Temporary Deputy Speaker, in this land, we have a lot more of social guaranteeing before we get into economic guaranteeing. You guarantee somebody because probably you know them, you are in a process together, and working together or you belong to an association. In this House, we guarantee each other without even caring to know whether somebody has shares or not. Those who guarantee in most cases need to be protected because they may not even know or be keen to ascertain that the other can repay. So, there is need for us to protect the guarantors so that the first charge must pay the institutions that are lending. These institutions must ascertain that there is possibility for the first charge to repay."
}