Hustler Fund savings will be accessible to Kenyans by November 2023, Cooperatives and Micro and Small Enterprise Cabinet Secretary Simon Chelugui has said. The CS noted a total of Ksh1.8 billion Hustler Fund Savings had been saved since the fund was launched in November 2022. Chelugui noted so far, the government has loaned Kenyans a total of … Read more
The Biashara loan is part of the Hustler Fund Personal Loan Product, which is a revolving fund that provides credit to small businesses and individuals who have no collateral or formal banking history. The Biashara loan product has two components, individual and group. The individual micro-enterprise loan product launched today will lend between KES 10,000 … Read more
Hustler Fund Loan Defaulters: The long-awaited Hustler Fund, which the Kenya Kwanza administration has touted as a relief to millions of Kenyans who could not access credit after having been blacklisted by various credit rating agencies, is finally here. The fund will offer Kenyans loans from a minimum of Ksh.500 to as high as Ksh.50,000 at … Read more
The fund is a digital financial inclusion initiative designed to improve financial access to responsible finance for personal, micro, small, and medium-sized enterprises (MSMEs) in Kenya. According to the Ministry of Cooperatives and MSME Development, borrowers will be able to apply for the Hustler Fund loan through USSD code *254# and on the mobile apps of Safaricom, Telkom, and … Read more
Hustler Fund Kenya is set to deliver affordable loans to micro, small and medium enterprises (MSMEs) as promised by His Excellence President Dr. William Samoei Ruto during his campaign time. The fund will be allocated a total sum of KES 50 billion (US$ 419 million) which all go to the hustlers across the nation in … Read more
Hustler Fund Advisory Board: President William Ruto in his campaign manifesto shared that he shall create a Hustler fund. The money is geared at providing cheaper credit for micro and small businesses. On Friday, the National Treasury said there shall be an advisory board to man the funds and also made public requirements for those … Read more