Kenyans can now borrow money from the Hustlers Fund using the short code *254# on Safaricom,Airtel and Telkom networks after its official unveiling by President William Ruto on Wednesday.After dialling the short code, you will be required to insert your ID and pin number before selecting the loan that best suits you.Personal loans being offered on the Fund are between Sh500 and Sh50,000, with the repayment period being 14 days.The interest rate on the loan is eight per cent annually.
Former Nyeri town Mp Ngunjiri Wambugu,has adviced hustlers on how to use the loan and repay on time.
While taking to his facebook page,the former law maker wrote,#SmartHustle3 (C/o #HHolt) Botrow 500/- Get 475/-Buy sugar cane stalks @20/-. Buy worth 400/- (20)
He added,"Cut into 4 units each.Sell each @10/- Hustle in Market/Estate. Get 800/-Keep 300/-.Repay loan.Tomorrow #RinseRepeat.
Netizens flooded his comment section and here are some of their hilarious reactions:
𝐁𝐢𝐭𝐨𝐤: Good work Mhesh.Educate fellow hustlers. And thank you for subscribing to hustler Narrative.
𝐀𝐤𝐨𝐭𝐡: I voted for Azimio but hustler fund is a good idea.Politics aside
𝐇𝐨𝐬𝐞𝐚: Will he carry the sugarcane on his back ama you are just assuming he has a wheelbarrow
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