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{
"id": 1564712,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564712/?format=api",
"text_counter": 91,
"type": "speech",
"speaker_name": "Sen. Cheruiyot",
"speaker_title": "The Senate Majority Leader",
"speaker": {
"id": 13165,
"legal_name": "Aaron Kipkirui Cheruiyot",
"slug": "aaron-cheruiyot"
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"content": " Thank you, Mr. Speaker, Sir. I have a question with regards to the financial inclusion product otherwise known as a Hustler Fund, which the Cabinet Secretary responded to in the first part of the question. For the record, to the best of my knowledge, the President never promised a grant. The people---"
},
{
"id": 1564713,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564713/?format=api",
"text_counter": 92,
"type": "scene",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "(Sen. Cherarkey consulted loudly)"
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{
"id": 1564714,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564714/?format=api",
"text_counter": 93,
"type": "speech",
"speaker_name": "Sen. Cheruiyot",
"speaker_title": "The Senate Majority Leader",
"speaker": {
"id": 13165,
"legal_name": "Aaron Kipkirui Cheruiyot",
"slug": "aaron-cheruiyot"
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"content": "The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
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{
"id": 1564715,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564715/?format=api",
"text_counter": 94,
"type": "speech",
"speaker_name": "Hon. Kingi",
"speaker_title": "The Speaker",
"speaker": null,
"content": " Senator for Nandi County, you are out of order! If you proceed in that manner, I will have to ask you to leave the House. Proceed, Senate Majority Leader."
},
{
"id": 1564716,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564716/?format=api",
"text_counter": 95,
"type": "speech",
"speaker_name": "Sen. Cheruiyot",
"speaker_title": "The Senate Majority Leader",
"speaker": {
"id": 13165,
"legal_name": "Aaron Kipkirui Cheruiyot",
"slug": "aaron-cheruiyot"
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"content": " Thank you, Mr. Speaker, Sir. The people who promised Kshs6,000 one-off as a grand are known. Regarding the Hustler Fund - and the Cabinet Secretary is here, he will confirm to us - from the get go, everybody who borrowed knew that the scheme is that you borrow, pay; you build a credit history and are able to grow your limit. The question that I have for the Cabinet Secretary is, if we can have a record which he can provide now or later of the approximate number of Kenyans that borrow on a daily basis and that are active on this platform, so that we are able to know how they are able to achieve this figure of Kshs70 billion. That is not a small amount. In fact, there are only two or three banks in this country that can lend out such a similar amount out there. Therefore, it would be important for this House to know from the CS how many ordinary citizens borrow and pay on a daily basis. I thank you."
},
{
"id": 1564717,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564717/?format=api",
"text_counter": 96,
"type": "speech",
"speaker_name": "Sen. Ogola",
"speaker_title": "",
"speaker": null,
"content": "Thank you, Mr. Speaker, Sir. I welcome the Cabinet Secretary and our senior brother once more. My question to the Cabinet Secretary is, what percentage of the funds lent, especially of the Hustler Fund, has become bad debt? Mr. CS, now that we are in a broad- based Government, is it possible that you can pay the Kshs6,000 that was promised to Kenyans as per our manifesto?"
},
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"id": 1564718,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564718/?format=api",
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"type": "scene",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "(Applause)"
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"id": 1564719,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564719/?format=api",
"text_counter": 98,
"type": "speech",
"speaker_name": "Sen. Miraji",
"speaker_title": "",
"speaker": null,
"content": "Asante, Bw. Spika. Ningependa kumkaribisha Waziri na nimpongeze kwa kufika kwa wakati. Swali langu kwake ni kwamba kuna jinamizi jipya limechipuka katika Taifa letu ya Kenya; jinamizi la watoto wetu kucheza kamari. Kuna ushahidi ya kwamba pesa nyingi zinazochukuliwa katika mifuko hii ya hazina za fedha inaenda kutumika katika hali isiyo ya malengo ya hazina hizi. Je, kuna mikakati gani katika Wizara yetu kuhakikisha ya kwamba tunafuatilia utekelezaji wa ruaza za hazina hizi za pesa? Kuna mikakati gani ya kuhakikisha kwamba pesa zinazochukuliwa zinafanyiwa biashara na zinastawisha vipi uchumi wa serikali kama ilivyokuwa malengo ya Rais wetu wakati alipokuwa anaweka hazina hii ya fedha? Je, kuna sera ya kuona kwamba anayechukua pesa hizi anaenda kufanyia yale malengo yake ama anaenda kutumia kwa mihadarati na hata kujiingiza katika jinamizi la Kamari? Asante, Bw. Spika."
},
{
"id": 1564720,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564720/?format=api",
"text_counter": 99,
"type": "speech",
"speaker_name": "Sen. Oketch Gicheru",
"speaker_title": "",
"speaker": null,
"content": "Mr. Speaker, Sir, thank you for giving me this opportunity. My question is also on the Hustler Fund and because the Cabinet Secretary in charge now is an expert from the ODM, has the Ministry done a legal impact assessment The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
},
{
"id": 1564721,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1564721/?format=api",
"text_counter": 100,
"type": "speech",
"speaker_name": "Sen. Oketch Gicheru",
"speaker_title": "",
"speaker": null,
"content": "of the Hustler Fund? It seems to me that we do not know where this Hustler Fund is being invested and we do not know who is borrowing this money. Is there an intention by the Ministry to publish a proper impact assessment of areas where this money has gone, which people have borrowed and to what extent have they transformed their businesses? Where I come from, one of the people that I hope would have borrowed from this Fund is the boda boda industry. We are informed that there are about 1.5 million people in the boda boda industry today. However, the boda boda industry is still going to very expensive solutions in terms of people who are in the marketplace giving them loans at almost 60 per cent. If you look at what the boda bodas are getting even in terms of just the deposit that they are given to these funds like Mogo Loans, Progressive Loan; they have to give sometimes up to Kshs60,000. Within three years they try to pay these funds, but the boda boda has depreciated. So, who are these people that are borrowing from the Hustler Fund? Who are these Hustlers? Can the Cabinet Secretary table before us, at the right time, an impact assessment that is nearly done as an expert that he is from ODM, to show the country what has happened in that Hustler fund?"
}
]
}