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PS Susan Mang’eni promises Ksh50K grants to youths without Hustler Fund debts

Principal Secretary for the State Department for Micro, Small and Medium Enterprises Development Susan Mang'eni

Principal Secretary for the State Department for Micro, Small and Medium Enterprises Development Susan Mang’eni has promised Ksh50,000 grants for youths without Hustler Fund debts. Speaking on Saturday, October 26, 2024, Mang’eni said that the World Bank was offering to start factories. “This financial year we have certain funding from the World Bank which we […]

‘Well-managed Hustler Fund will get people out of poverty’ – Oparanya

Cabinet Secretary nominee for Co-operatives and Micro, Small and Medium Enterprises Development Wycliffe Oparanya.PHOTO/https://www.facebook.com/ParliamentKE

The Cabinet Secretary nominee for Co-operatives and Micro, Small, and Medium Enterprises Development Wycliffe Oparanya has changed the tune on President William Ruto’s Hustler Fund. Speaking when appearing before the committee on appointment on Sunday, August 4, 2024, Oparanya revealed that he was against the fund because back then he had no facts about it. […]

Hustler Fund kitty has disbursed Ksh9.6B in loans – CS Chelugui

Over Ksh9.6 billion from the Hustler Fund has been disbursed as loans since the launch of the product early this month, Cooperatives and MSMEs Development Cabinet Secretary Simon Chelugui has said. Speaking to members of the press in Nairobi on Monday, December 19, Chelugui said more than 16.5 million Kenyans have registered for the product. […]

Sifuna asks Kenyans to default on Hustler Fund repayment

Nairobi senator Edwin Sifuna has encouraged Kenyans to default on the newly launched Financial Inclusion Fund otherwise known as Hustler Fund on this condition. According to him, the fund launched on Wednesday, November 30 by President William Ruto was intended to be a grant targeted for low-income earners but met subsequent updates and what Kenyans received […]

Hustler Fund: Kenyans repay Ksh7.7M hours after borrowing

At least Ksh7.7 million has been repaid two days after the Husler Fund loan product was launched, the government says. The State had capped the repayment period for the loan for small businesses at 14 days. Figures released by the government also show that the amount borrowed had risen to Ksh413 million as at 8:30 […]

How to get Hustler Fund on your phone

The Hustler Fund’s Ksh50 billion kitty is finally here after months of waiting. Speaking at the launch of the Fund at Green Park in Nairobi on Wednesday, November 30, 2022, CEOs of the three main telecommunication companies in the country said Kenyans will be required to dial USSD code *254# to access the loan after […]