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{
    "id": 976491,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/976491/?format=api",
    "text_counter": 253,
    "type": "speech",
    "speaker_name": "Mwea, JP",
    "speaker_title": "Hon. Josphat Kabinga",
    "speaker": {
        "id": 13441,
        "legal_name": "Josphat Kabinga Wachira",
        "slug": "josphat-kabinga-wachira-2"
    },
    "content": "Hon. Temporary Deputy Speaker, I would recommend to the Committee that there is need to sit down and make recommendations to the relevant department to restructure and professionalise it to ensure that they address some of the challenges that are natural in nature such as natural calamities that affect the Fund. We have young men and women as well as PWDs buying things like cows and after some time, they end up dying. That is a natural calamity. It happens all the time. When it happens, we end up asking the people to find other ways of paying their loans. How would they do that if they came to the Government to get the loan to start off their engagements yet that never happened? How will they get another resource to repay the loan? There is no provision to the effect that if you took a loan and it never performed because of some natural calamity, you can get some more loan or be funded again so that you can recover. That provision is not there and for that reason, this Fund is met with many challenges, especially from natural calamities. This also applies to farming. I have seen many young men taking money from the Fund and I have followed it up. They would go and rent some acreage for rice farming, but they end up having blast diseases. They end up not recovering the money hence they get discouraged. This also affects other groups that may have performed in other ways. In conclusion, we need to restructure this Fund. We also need to encourage the performing groups. Just like in banks where your rating is upgraded depending on how you repay your loans, we need to do the same for this Fund. With those few remarks, I beg to support the Report."
}