Safaricom, KCB handle 90pc Hustler Fund cash

Kenya Commercial Bank branch along Mama Ngina Street in Nairobi County.  

Photo credit: File | Nation Media Group

Safaricom and the KCB are emerging as some of the biggest beneficiaries of the Hustler Fund after handling about 90 percent of the Sh12 billion released for lending.

Out of the Sh12 billion the Treasury disbursed for the Financial Inclusion (Hustler) Fund seed capital late last year, KCB received Sh10.46 billion, and Sh1.54 billion was handled by Family Bank.

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