Hustler Fund defaulters given early access to savings

Kenya’s diaspora remittances have continued to grow with projections indicating a new record high for 2023. FILE PHOTO | POOL

Hustler Fund borrowers will be able to access their savings immediately after they settle the short-term credit facilities, giving them an advantage compared to good borrowers who will wait for a year.

This gives them an opportunity to access the amounts – equivalent to 1.5 per cent of the principal — immediately rather than after 365 days which applies to non-defaulters.

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