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{
    "id": 914966,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/914966/?format=api",
    "text_counter": 201,
    "type": "speech",
    "speaker_name": "Kilifi North, ODM",
    "speaker_title": "Hon. Owen Baya",
    "speaker": {
        "id": 13373,
        "legal_name": "Owen Yaa Baya",
        "slug": "owen-yaa-baya"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker. I support this Bill by Hon. Waititu. I congratulate him for thinking about his legislative role to protect the common person. This law is a good piece of legislation. It will safeguard our people. People who guarantee loans for others have been left with sleepless nights. When the hammer falls and this guy has not made any payment, they follow the guarantor and he loses money and assets. Like it has been said before, families have been left suffering because one person took a loan, ran away and they have to pay that loan. Now that we are changing the law, the first call should be the principal who took the money. He or she should be followed. This will help. Many young people today want to start businesses. The only place they can go is to a bank, cooperative society or a financial institution so that they can get the money, go into business and realise their dreams. When they are told that they have to get guarantors for them to get the money, every person they ask tells them that they are not credit-worthy and cannot be The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}