Topic: Hustler Fund
Hustler Fund loan defaulters face Govt crackdown in drive to recover billions
Jan 07, 2025 at 08:07 PM
The government is set to track down defaulters of the Hustler Fund in an effort to recover disbursed loans and reopen access for borrowers with strong credit records....
Hustler Fund borrowers to get bigger loans as credit rating system adopted
Dec 10, 2024 at 01:35 AM
Hustler Fund borrowers will be able to access bigger loans as the government adopts a credit rating system to enhance the facility’s capacity and effectiveness in the next phase....
Govt addresses reports on steps to deal with Sh7 billion Hustler Fund defaulters
Oct 03, 2024 at 06:33 PM
The government has now denied recent reports of its intention to deduct loans from mobile wallets for defaulters of the Hustler Fund, a programme designed to enhance financial incl...
Govt targets mobile wallets and airtime to recover Sh7 billion Hustler Fund loan
Oct 02, 2024 at 12:26 PM
The government is considering stern measures to recover approximately Sh7 billion owed by defaulters of the Hustler Fund....
Hustler Fund to cater for Muslim users as Ruto pledges Shariah compliance
Apr 09, 2024 at 06:37 PM
President William Ruto has announced a significant shift in the operational dynamics of the Hustler Fund, asserting that it will be recalibrated to align with Shariah principles, t...
Ruto's Hustler Fund is grappling with a Sh10 billion loan defaults challenges
Dec 22, 2023 at 01:11 PM
The Hustler Fund, launched in November 2022 to empower micro, small, and medium enterprises (MSMEs) through accessible credit, is grappling with a significant challenge as loan def...
Hustler Fund: Borrowers to start accessing their savings in November
Sep 30, 2023 at 10:31 PM
The Cooperatives and Micro and Small Enterprise Cabinet Secretary, Simon Chelugui, has announced that Kenyans who have been actively participating in the Hustler Fund are set to re...
World Bank commits $100 million to revive Kenyan MSMEs hit by pandemic
Sep 26, 2023 at 12:45 PM
In an effort to resuscitate Kenyan micro, small, and medium enterprises (MSMEs) that were severely impacted by the Covid-19 pandemic, the World Bank is set to inject Sh14.47 billio...
Hustler Fund faces high default rates as non-performing loans reach Sh2.9 billion
Aug 22, 2023 at 10:46 AM
The Hustler Fund, a pioneering initiative aimed at providing financial support to the informal sector, is grappling with a concerning trend as borrowers default on payments at a hi...
Gachagua urges revolutionary financing for Africa's food systems at UN Summit
Jul 24, 2023 at 03:55 PM
Deputy President Rigathi Gachagua has urged stakeholders and partners to intensify their efforts in financing food systems across Africa with the aim of revolutionizing food produc...
Ruto first Madaraka Day address dwells on politics and economy (FULL SPEECH)
Jun 01, 2023 at 06:04 PM
On this day, 60 years ago, Kenya formally gained its right of internal self-government. Madaraka, the mandate of majority African self-determination, was a major step towards the e...
Peter Ndegwa says Safaricom resilient after Sh315 billion turnover milestone
May 19, 2023 at 11:23 PM
Peter Ndegwa, the Chief Executive Officer of Safaricom, has affirmed that the announced results are robust, given the challenging economic environment....
World Bank has pledged to support Hustler Fund, State House announces
Feb 08, 2023 at 12:09 PM
World Bank is an international financial institution that provides loans and grants to governments of low and middle income countries for use in pursuing capital projects....
Board to manage Ruto's Sh50 billion Hustler Fund to be unveiled next week
Jan 06, 2023 at 01:14 PM
The CS made the revelations on the Hustler Fund at the sidelines of the ongoing cabinet retreat being chaired by President Ruto at the Mt Kenya Safari Club in Nyeri County....
William Ruto fulfills election pledge as he launches much-anticipated Hustler Fund
Nov 30, 2022 at 04:40 PM
President William Ruto has officially launched the much-anticipated election promise, the Hustler Fund....
Equity considers reserving Sh250 billion to boost William Ruto's Hustler Fund
Nov 23, 2022 at 02:49 PM
Equity Bank Kenya Limited has said it is mulling reserving up to Sh250 billion for on-lending to boost the government’s Hustler Fund by fivefold....
Hustler Fund will be obtained through online platforms, clarifies William Ruto
Nov 18, 2022 at 02:12 AM
President William Ruto has clarified the soon to be launched Hustler Fund, which seeks to foster financial inclusion, will be disbursed to the interested Kenyans via an online plat...
Hustler Fund: Kenyan ‘hustlers’ to be allowed to borrow Sh50,000 maximum
Nov 16, 2022 at 11:04 AM
Kenyans will be allowed to borrow a minimum of Sh500 and a maximum of Sh50,000 when President William Ruto’s Hustler Fund programme is officially launched on November 30....
William Ruto: We will launch Hustler Fund in December, it will not be free
Oct 16, 2022 at 01:09 AM
President William Ruto has reiterated his promise to Kenyans that the Hustler Fund will be officially launched in December....
