Entry Instance

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{
    "id": 954687,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/954687/?format=api",
    "text_counter": 379,
    "type": "speech",
    "speaker_name": "Kiminini, FORD-K",
    "speaker_title": "Hon. (Dr.) Chris Wamalwa",
    "speaker": {
        "id": 1889,
        "legal_name": "Chrisantus Wamalwa Wakhungu",
        "slug": "chrisantus-wamalwa-wakhungu"
    },
    "content": " Absolutely. So, this is blackmail and we must look at it keenly. We do not want Wanjiku to suffer. Savings and Credit Cooperative Societies (SACCOs) always have interest rates of 12 per cent on a reducing balance, which comes to about 7 per cent and they make dividends. When you negotiate with some Micro Finance Institutions (MFIs), they give you credit on very low rates and they still make money. So, we cannot afford to allow banks to make abnormal profits again."
}