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Good News To Kenyans On Hustler Fund

UPDATE: Equity Bank CEO James Mwangi says, they are considering setting aside up to Ksh.250 billion for on-lending to boost the government’s financial inclusion fund, the Hustler Fund.

When one pays (the Hasla Fund loan) two times, they will graduate to Equity lending and have a loan limit at Ksh.150,000 this will be used as a ladder to more borrowing as equity can monitor your payment plan and give more lending to successful lenders.

In the plan, Equity Group says it will offer larger ticket loans to borrowers who are successfully onboarded to the Hasla Fund and who show proof of their ability to meet payments on the required time.

The cabinet has approved the legal & institutional framework that will anchor the establishment of the Hustler Fund in line with President Ruto’s promise to address the challenge of expensive cost credit.

The 1st phase of the fund will be launched on 30th Nov by predident Ruto

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Equity Equity Group Hasla Fund Hustler Fund James Mwangi


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