More than two million borrowers on the State-run Hustler Fund will have their borrowing limit increased by as much as 300 percent and their repayment period more than doubled following the launch of a new product aimed at graduating them to the formal credit market.
President William Ruto unveiled the new borrowing product, dubbed Bridge Loan, during the second anniversary of the financial inclusion fund, a key flagship programme of the administration’s Bottom-Up Economic Transformation Agenda.
