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"id": 992842,
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"type": "speech",
"speaker_name": "Sen. Mwaruma",
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"speaker": {
"id": 13223,
"legal_name": "Johnes Mwashushe Mwaruma",
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"content": "SMEs Mashinani. If there is any opportune time to roll out the Kshs4 billion programme, then it is now so that you can cushion our small and micro enterprises. Thirdly, somebody called me three weeks ago informing me that there is a lot of pressure from Government agencies on him to repay his loans. He had taken a loan for his SMEs from the Kenya Industrial Estates (KIE), which gives loans to people who are doing business and who are putting products in the value chain; it could be agricultural products. We are wondering what we should do as Government agencies to cushion these people. This is because when you produce or get these products, you are supposed to put them into the market. Given the current economic down turn, there is no market for these products. Why do you start pushing these people to repay the loans? The Kenya Industrial Estates (KIE) and other Government agencies that are giving loans and the non-state actors who are giving loans can consider waiving the loans until such a time when the economy will have settled. Madam Temporary Speaker, number four, there is the aspect of reopening the hotels that is there with us. The operators of the hotels have been told that, in order to get new licenses, they must have all their employees tested for COVID-19. The tests are vey expensive. I am told that the tests cost between Kshs8, 000 and Kshs10, 000. That is a lot of money. If you have 10 employees, that would cost like Khsh80, 000. These are some of the incentives that we can waive or we can look at, at a broader perspective so that we can save our SMEs which offer employment to many people. I support the Statement."
}