hustler fund loan repayment rate Stories

Two million Hustler Fund borrowers to access commercial bank loans
Maureen Kinyanjui  |  Jan 07, 2025

Susan Mang'eni, the PS for the State Department of MSMEs confirmed that these two million borrowers have achieved higher credit scores by repaying the...

Four million Hustler Fund defaulters to unlock higher loans if they clear debt
Maureen Kinyanjui  |  Dec 10, 2024

The President noted that repaying overdue amounts is key to unlocking enhanced benefits under the newly introduced Bridge Loan programme.

President Ruto launches Bridge Loan to boost Hustler Fund borrowers
Maureen Kinyanjui  |  Dec 10, 2024

The new Bridge Loan product rewards borrowers who demonstrate good borrowing behaviour with enhanced loan limits and longer repayment terms.

State to emulate digital lenders in going after Hustler Fund defaulters
Alfred Onyango  |  Jun 13, 2024

The repayment rate for the loan amount is 77 per cent, meaning that at least 11.4 billion is in default.

Ruto: Hustler fund to have Shariah-compliant component for Muslims
Eastleigh Voice Reporter  |  Apr 09, 2024

Muslim leaders had earlier expressed concerns that the Hustler fund is not Muslim friendly.

Ruto touts Hustler Fund at world summit, says Sh44bn borrowed so far
Saleem Abdi  |  Feb 14, 2024

The President says the fund has saved Kenyans from the predatory lending witnessed on digital platforms, with some denied access to funding in the est...

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