Two million good Hustler Fund borrowers to graduate to banks

 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

The government will assist two million good borrowers in the Hustler Fund to access loans from commercial banks as part of its plans to integrate the so-called ‘hustlers’ into the formal financial system.

Susan Mang’eni, the Principal Secretary of the State Department of Micro, Small and Medium Enterprises (MSMEs) Development said that the borrowers marked for graduation have attained higher credit scores compared to the other Hustler Fund beneficiaries by repaying their loans from the Hustler Fund in time.

PAYE Tax Calculator

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