The Hustler Fund issued Sh465 million loans to 809,351 Kenyans who had not registered for the product, exposing flaws in the operations of the micro-credit scheme targeted at low-income groups.
Auditor-General Nancy Gathungu has revealed that persons not listed with the fund got cash within the first seven months of its operation even as defaulters surged to cross Sh8.2 billion by the end of June last year.
