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{
"id": 981994,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/981994/?format=api",
"text_counter": 395,
"type": "speech",
"speaker_name": "Sen. Cherargei",
"speaker_title": "",
"speaker": {
"id": 13217,
"legal_name": "Cherarkey K Samson",
"slug": "cherarkey-k-samson"
},
"content": "The vibrancy of SACCOs, especially in the early years of this country was well known. We have many societies, and in my local language, it is called sosait. Many people are encouraged to join milk cooperative societies. I have seen dairy SACCOs in my county such Kabiyet Lelgi, Taleltany, Lelchego. Many SACCO societies that are being run and owned by farmers, and they offer financial services that assist farmers to access financial services without enduring the rigorous process as in the banks. If one wants a loan from the banks, they might need security, guarantors and the entire process. The beauty of SACCOs is that one is able to access the use of financial services without that rigorous process."
}