Why we must rethink the key parts of Hustler Fund

President Dr William Ruto (centre), his Deputy President Rigathi Gachagua (left), and Prime Cabinet Secretary Musalia Mudavadi nominee at State House in Nairobi on September 27, 2022. PHOTO | EVANS HABIL | NMG

Kenya’s Micro, Small and Medium Enterprises (MSMEs) contribute approximately 40 per cent of the GDP with a majority falling in the informal sector and the contribution is set to rise to 50 per cent by 2025.

Despite accounting for up to 93 per cent of the country’s total labour force, they continue to suffer the pain of underfunding.

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Note: The results are not exact but very close to the actual.