Boda boda sector has a chance to benefit from Hustler Fund

DNRailaBodaboda2507hf

The boda boda sector is a rapidly growing transport segment in Kenya. FILE PHOTO | NMG

The latest figures from the government show that over 1.3 million Kenyans have so far been registered for the Hustler Fund, with more expected to onboard as time goes by.

The fund has set aside Sh50 billion to provide cheap credit to micro and small enterprises. It will give the beneficiaries access to financing at an eight per cent pro-rated basis or a daily rate of 0.002 per cent.

PAYE Tax Calculator

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