The Kenya Kwanza government pledged to roll out the first phase of hustler fund on Wednesday 11th November.
True to their word, the fund is available for application to any Kenyan who wishes to get funding to fuel business activities. The application of the hustler fund falls into two categories; registration and the actual application of the loan, which I will take you through.
As reported by Citizen Digital, to access the hustler fund, one should:
i) Dial the USSD code *254≠.
ii) The next step is to register an account by signing up for the fund through the USSD code.
iii) Accept the terms and conditions required to join the funding program and then enter the mobile money pin (MPESA or Airtel money pin).
After these three initial steps, an SMS will be sent to your phone to notify you if you have succeeded or not. In the event of a successful registration, the loan limit awarded to you will be shown.
If the registration is successful, the following are the procedures of applying for the loan.
i) Dial the USSD code *254≠.
ii) Select the loan request option to view your loan limit, interest and loan tenure.
iii) Enter the amount and select okay.
iv) Confirm the loan details and then enter your mobile money pin.
Source: Citizen Digital
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