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{
    "id": 959772,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/959772/?format=api",
    "text_counter": 176,
    "type": "speech",
    "speaker_name": "Mwingi West, WDM-K",
    "speaker_title": "Hon. Charles Nguna",
    "speaker": {
        "id": 13445,
        "legal_name": "Charles Ngusya Nguna",
        "slug": "charles-ngusya-nguna"
    },
    "content": "lending to the riskier small loan seekers. That is why we need to review this law so that banks can start lending money to local consumers. I support this Bill based on the fact that most of our youth have brilliant ideas, but do not have access to funds and capital when they want to start a business. For us to drive the Big Four Agenda in terms of manufacturing and job creation, we have to ensure there is unlimited access to credit facilities and, specifically, cheap credit. It is not a private matter that our President is a key person in the banking sector. Our President is one of the key people in the banking sector. If at all we will successfully implement this law, he has to shed of the conflict of interest in this sector and approve this Bill. I recall Safaricom itself is actually unscrupulously charging Kenyans in this service called Fuliza and many platforms which are lending Kenyans money. So, if we extend the amendments to other platforms in regulating our market in accessing credit, it will help many Kenyans. I do not want to repeat so much. With those few remarks, I support this amendment. Thank you, Hon. Temporary Deputy Speaker."
}