Hustler Fund loans hit Sh19bn in three months

Simon Chelugui

Cooperatives Cabinet Secretary Simon Chelugui in Nanyuki on January 5, 2023. PHOTO | NMG

Kenyans have borrowed Sh19.6 billion from the Hustler Fund as of midday Monday, highlighting the growing popularity of the kitty that aims to increase financial inclusion especially for the low-income earners.

Cooperatives and Micro and Small Enterprises Cabinet Secretary Simon Chelugui made the disclosures, adding that borrowers have repaid Sh10.605 billion as of midday.

PAYE Tax Calculator

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