President William ruto has set to launch a fund called Hustler Funds at the Green park tennis hotel Nairobi on Wednesday 30th November.
Hustler Fund will be launched in partnership with the Global Equities Group, which is a specialized financial services firm.
It is reported that this fund will help the company to extend loans to small and medium enterprises (SMEs) across Africa for them to grow their businesses.
The cabinet has so far outlined three objectives for the fund, which are mainly to create jobs, strengthen the economy and empower investors both domestically and internationally.
President William Ruto is set to launch Hustler Funds on Wednesday 30th November. The fund will be a relief to 8M Kenyans, especially blacklisted on CRB and credited Agencies.
The cabinet has so far outlined 3 objectives for the fund, which are mainly to create jobs for young Kenyans, strengthen the economy and empower investors both domestically and internationally.
The new fund will provide low-cost loans to needy people that are hard to reach through other loan providers. The loans will be given out in small amounts and with easy repayment terms.
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