President William Ruto started the Hustler Fund loan to support the vulnerable in the society.
Since it's inception, millions of Kenyans have already benefitted from the government funded program.
However, recently there was a backlash over a magical number of loan defaulters.
"WORLD BANK TO SUPPORT HUSTLER FUND
The World Bank has pledged to support the Hustler Fund to lift Kenya’s most vulnerable group," State House report on the official Twitter account read.
The report further stated: "The promise was made during a consultative meeting between President William Ruto and World Bank Regional Vice President for Eastern and Southern Africa, Victoria Kwakwa at State House Nairobi. https://t.co/IgZFjGatma"
How to access the Hustler Fund Loan
Dial *254# then ok.
If not registered, you will be prompted to enter your mPesa Pin to complete the registration process.
If registered select, loan request.
Benefits of Hustler Fund Loan
No collateral required for loan processing.
No paperwork needed, only your mobile phone and your registered SIM card.
No hidden charges as administrative or loan processing fee.
The interest is manageable.
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