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{
    "id": 976539,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/976539/?format=api",
    "text_counter": 301,
    "type": "speech",
    "speaker_name": "Kiharu, JP",
    "speaker_title": "Hon. Ndindi Nyoro",
    "speaker": {
        "id": 13370,
        "legal_name": "Samson Ndindi Nyoro",
        "slug": "samson-ndindi-nyoro"
    },
    "content": "I suppose that the Government will borrow a leaf. If we lay down the procedures and the structures that we are setting up in Kiharu, I am sure the Government will see sense and possibly, in future, consider creating a fund specifically for our men. Also, the whole issue of Women Enterprise Fund, Uwezo Fund and the Youth Enterprise Development Fund is around financing, especially financing that is targeted to groups. When we talk about financing, most of the finances in this country, unfortunately, go to ostentations. If you check the loan books in the country especially from commercial banks and compare the amount of money that actually goes to business and enterprise to the loans and financing that goes into supporting ostentatious purchases, that would surprise us as a House. Possibly in this country, we also need laws like the one in Nigeria that, for the bank licence that is renewed annually to be renewed, we need a ratio of specific amount of money especially in percentage that goes to SMEs and enterprise because that is what makes sense to the growth of our economy. 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."
}