All parliamentary appearances
Entries 681 to 690 of 1925.
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18 Feb 2020 in Senate:
operators, the Early Childhood Development (ECD) to secondary school teachers, nurses and various public health workers; all these are in many SACCOs. The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate.
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18 Feb 2020 in Senate:
There are those who go for speculation of businesses, particularly land purchasing opportunities. Such people go for these types of SACCOS. There are women groups who form SACCOS by performing daily simple tasks to ensure there is food on the table for the families. There are also SACCOS for vendors, and we have various types of vendors. We have vegetable vendors and those who sell dry goods in Gikomba and other markets in local or county government settings. They form SACCOS and sell their wares together. There are those who have ventured into high speculative land purchasing SACCOS, where they ...
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18 Feb 2020 in Senate:
Those who have the means to borrow can borrow a lot money from banks because they have collaterals. However, these simple individuals have no collaterals to give to anybody. Therefore, SACCOs become a point of entry for any development, whether it is social or actual development that occurs within that family, locality, county, nation or even internationally.
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18 Feb 2020 in Senate:
Even we, as Members of Parliament, we are benefiting greatly from our own SACCO. You can see the ease with which you can access resources in order to attend to a problem which is confronting you at that particular moment. SACCOs in this country are run efficiently. The message that is coming through this amendment is that we now want to tighten their management in this legislation, so that we do not leave any loopholes for anybody to defraud Kenyans.
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18 Feb 2020 in Senate:
This morning, I was to talking to a boda boda chairman from one of the sub- counties in my county. He expressed to me how they have already spread their organization in Kisii County. I want to encourage them, because when they are orderly, they are able to purchase their motorcycles through their SACCO. They are also able to maintain them and to have good drivers who can keep the safety of their clients as they ride on those boda bodas. This would increase the mobility of goods and persons from point ‘A’ to point ‘B.’ This will bring about ...
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18 Feb 2020 in Senate:
Some of our road networks or infrastructure may not be up to date. The only means of transportation is through these boda boda . Therefore, we need to strengthen these type of SACCOs to be efficiently run, so that they can help this important social sector that many of these other funds are unable to reach.
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18 Feb 2020 in Senate:
When you have a sick person and you have a transport system that is reliable, safe, and which is also properly insured, then you will know that, that particular individual will reach a health facility safely. You are also sure that they will be able to get the treatment in a timely manner and, therefore, we would save lives at a time when we need it.
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18 Feb 2020 in Senate:
Today, we were talking about the locusts, which are a menacing element. This is an emergency. When these locusts land on land, they sweep out everything. Consequently, one of the things that we anticipate is hunger. When you have hunger in a family and people do not have the means, the only recourse they can have to, is anybody who has any saving and that they can reach that saving to help them to tide over the period where there is a crisis.
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18 Feb 2020 in Senate:
That is why earlier on this morning, I insisted that the Government should take it up as a matter of priority, and as a national emergency so that they can alleviate the pain, trouble and struggle that the ordinary citizens are going to go through as a result of the locust invasion in this country. It is not joke that the only thing that can help them is that if they had any savings of this type, that would be able to help them to come through with those savings.
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18 Feb 2020 in Senate:
This amendment is telling us that SACCOs must be properly registered. They must be a deposit taking SACCO so that people who are working have proper qualifications and that the board must be efficient. We do not want to people to serve in the board who will defraud depositors and take away their hard earnings. The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate.
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