Azimio la Umoja leader Raila Odinga spearheaded calls for the rejection of the Hustler Fund, asking Kenyans who have already borrowed not to repay the loans on grounds that the fund lacks legal backing.
Raila told a rally at the Kamukunji grounds in Nairobi, where he was accompanied by Wiper leader Kalonzo Musyoka and his Narc Kenya counterpart, Martha Karua, that loans being disbursed to Kenyans under the Hustler Fund was inadequate to support any meaningful business venture that will enable borrowers to repay within 14 days.
“We had promised Kenyan households who are at the lower cadre that we were to disburse Sh6,000 per month. In the Hustler Fund, you are given Sh500 to start a business. Is it really adequate to start any meaningful business?” asked Raila.
He spoke at the first of a series of rallies he has called to put the Ruto administration in check. The second such rally will be held on Jamhuri Day, when Raila will lead parallel national day celebrations.
Kalonzo also weighed in yesterday, saying that the money allocated for the loan had not been appropriated by Parliament, and, therefore, nobody should be penalised for failing to refund any amount borrowed.
“Hustler Fund has no legal framework,” Kalonzo declared.
Various leaders who attended the rally – the first in a series planned to raise awareness about perceived shortcomings of the Kenya Kwanza government, demanded that the fund be anchored in law first and that the government stops threatening defaulters with unspecified penalties.
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