MEMBERS of Nyeri county assembly are set to receive a maximum of Sh3 million mortgages and Sh2million car loans each after unanimously passing the Loans and Mortgage Fund Bill, 2013.
"The loans are payable at only three per cent per annum on a monthly reducing balance," the Bill states.
The loan together with the interest accrued shall be repayable within the legislative term of the MCA, according to the bill.
The county assembly speaker,
The MCAs applauded the bill saying the members cannot execute their duties properly without reliable means of transport and they ought to be facilitated to deliver to the residents.
"Some members do not have vehicles and they are expected to criss-cross their wards to deliver services. If they have vehicles, it will be easier for them to offer better services and on time," said Baragu Mutahi of Mathari-Kiganjo ward.
However, a nominated MCA King'ori Kanyi, who represents the disabled persons, said the fund should be a grant and not a loan.
His nominated counterpart Wangechi Njithi said the move will come to the aid of women who sometimes leave the assembly chambers at dusk.
She said it is unsafe for them to commute to their homes using public means during such hours.
Wangechi said the MCAs will now be able to reach the constituents at the grassroots.
However, if the bill is passed, a member who shall induce the fund management board to grant him or her a loan will be jailed for six months or fined Sh500,000 or both.
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