Kenyans borrow Sh30 billion from Hustler Fund in six months

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President William Ruto addresses wananchi during the 60th Madaraka Day national celebrations at Moi stadium in Embu on June 1, 2023. PHOTO | JOSEPH KANYI | NMG

Kenyans borrowed an extra Sh11 billion between February and May from the Hustler Fund highlighting the thirst for cheap credit, which prompted the State to launch a third phase of the facility now targeting chamas.

President William Ruto, On Thursday, launched the Hustler Fund for groups, seeking to provide cash mainly to informal traders who must register as a group to qualify for the kitty.

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