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Hustler loans capped at Sh50,000 with interest rate of 8pc

President William Ruto gives his first Mashujaa Day address at Uhuru Gardens, Nairobi on October 20, 2022. PHOTO | NMG

By  CONSTANT MUNDA

Correspondent

Loans for small businesses through the Hustlers Fund will be capped at Sh50, 000 and offered at an annual interest of 8.0 percent.

A dispatch from State House last evening indicated that the minimum loan from the Sh50 billion State-backed funds will be Sh500.

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

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