65 per cent of Kenyan adults sign up for Hustler Fund in loans rush

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Cooperatives and MSMEs Cabinet Secretary Simon Chelugui at his NSSF offices on December 19, 2022. PHOTO | EVANS HABIL | NMG

More than 65 per cent of Kenyan adults have signed up for the State-backed Hustler Fund, revealing the growing appetite for cheaper digital loans.

Data from the Ministry of Cooperative and Micro, Small and Medium Enterprises shows that 16,591,441 adults had registered by Monday, representing 65 per cent of the 25.36 million Kenyans who are aged 18 and above.

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