Sign in
Download Opera News App



NEWS: The government has modified the terms for repaying Hustler Fund loans

After the Kenyan government made significant adjustments to the repayment timeframe for Hustler Fund loans just a few days ago, the Hustler Fund has taken on a new twist.

The Kenyan Government announced today, January 10, 2023, that the repayment period for Hustler Fund loans has increased from the current 14 days to 29 days. This announcement was made via the Ministry of Cooperatives and MSMEs.

In a sincere effort to provide the residents enough time to find sources of funding for the loan payback, the Kenyan Government has stated that fifteen days have been added to the period given for all Kenyan citizens to repay their Hustler Fund loans.

The Kenyan government has stated that all Kenyan residents who default on their Hustler Fund loans during the recently formalized grace period would have their interest rates doubled.

What do you think about the modifications made to the Hustler Fund loan repayment schedule? Please leave us a remark with your thoughts, opinions, and ideas.

Content created and supplied by: ReeceReeve (via Opera News )

Hustler Hustler Fund Kenyan MSMEs Ministry of Cooperatives


Load app to read more comments