Keep Hustler Fund loan default rates low

President William Ruto during the Launch of Hustler Fund at Green Park, Nairobi. PHOTO | PCS

The launch yesterday of the Hustler Fund marked a defining moment for President William Ruto's administration, which has promised affordable credit for small businesses.

That small business will now be able to apply for small loans using their mobile phones without the traditional bureaucratic processes is laudable.

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