The Hustler fund group loan targets groups registered by the Micro and Small Enterprises Authority (MSEA) such as chamas, associations, and Saccos, and aim to bridge the gap between these entrepreneurs and access to capital and help fuel economic growth through collective-driven competitive market enterprise. Hustler Fund Group Loan Interest The Hustler Fund Group loan … Read more
Hustler fund defaulters will be unable to make a second transaction until they clear all their pending payments on the platform. This is according to President Ruto who spoke this while addressing Kwale County residents. “Hustler fund defaulters on individual loans when they apply for the group funding, which is the second product of the … Read more
Hustler Fund Savings: Hustler fund borrowers can only access their savings after one year, Cooperatives and MSME Cabinet Secretary Simon Chelugui has said. Chelugui, however, explained that only 30 percent of the total money saved will be accessible. The remainder which is 70 percent, he noted, is saved for the long term up to the … Read more
Hustler Fund Data Privacy: The Hustler Fund is Ruto’s $410 million loan project meant to lift millions of Kenyans out of poverty through his bottom-up economic model. In a country where only 9% of the workforce has a stable income—39% of Kenyan youth are without jobs—such an offer carries huge potential. However, citizens and data privacy experts alike are now worried about … Read more
Repay Hustler Fund Loan: In the first phase, the Hustler Fund will provide loans ranging from a minimum of Sh500 to as high as Sh50,000 at an 8 percent pro-rated basis or a daily rate of 0.002 percent. The loan should be repaid within 14 days. Kenyans can access the funds using the USSD code … Read more