Kenyans save Sh626m in Hustler Fund from pockets

 Principal Secretary, State Department of Micro, Small and Medium Enterprises Development Susan Auma Mang’eni during a press briefing at NSSF Building, Nairobi on July 9, 2024.

Photo credit: File | Nation Media Group

Kenyans have saved Sh626.2 million in the State’s Financial Inclusion (Hustler) Fund from their pockets, revealing increased use of the fund as a savings option among people in the informal sector.

The amount saved to the fund voluntarily by individuals and businesspersons constituted 13.8 percent of the total Sh4.5 billion as of Monday November 24, the State Department for Micro, Small and Medium Enterprises (MSME) Development said.

PAYE Tax Calculator

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