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{
    "id": 954778,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/954778/?format=api",
    "text_counter": 470,
    "type": "speech",
    "speaker_name": "Homa Bay CWR, ODM",
    "speaker_title": "Hon. Gladys Wanga",
    "speaker": {
        "id": 590,
        "legal_name": "Gladys Atieno Nyasuna",
        "slug": "gladys-atieno-nyasuna"
    },
    "content": "I would also like to speak on the issue that has been spoken to, namely, capping of bank interest rates. I would like to support the position that many of the Members have taken. As an SME, to borrow in this country is near impossible. In Homa Bay, we have a Sacco called Homa Bay County Women Sacco and we were told that you can get some money from the Women Enterprise Fund (WEF). For you to get the money, you have to go and get a bank guarantee from a bank. We went to our bank and asked them to give us a bank guarantee so that we could borrow. It has been more than 15 months since then and we are still waiting. You sign very many forms and when you are six months through the process, you start afresh. We are not going to yield, as a House, on behalf of the people we represent here, to the blackmail of the big banks that are frustrating SMEs."
}