Why Hustler Fund must be different

DNMobiloan

Funds can show modern-day merchants of Venice how to lend sustainably without engaging in predatory practices. PHOTO | NMG


It does not surprise that the Hustler Fund has taken off at a high speed. Kenya has been the epicentre of global micro-digital lending since 2007.

A 2019 study by the research entity, Financial Sector Deepening (FSD) reported 49 loan apps in Kenya. Indeed, this country has been the test laboratory of choice for all manner of digital lenders.

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