The President says the money is available to ordinary citizens who have difficult time accessing bank loans. According to Ruto, Hustler Fund is going to be 500 times cheaper than the other loans that Kenyans are usually used to.
Ruto has also said that the money is going to be available to even those who are blacklisted by CRB. This is going to give Kenyans who could not borrow from the banks because of listing in the blacklist a second chance.
“We have about 8 million Kenyans who are in the CRB blacklist for failing to pay lenders and are now not allowed to access loans. The Hustler Fund is going to give them another chance to borrow, a chance that any other lend can give,” Ruto has said.
President Ruto has asked Kenyans to apply for the loan so that they can use it to transform their lives and live meaningful lives. He says it will be the biggest opportunity that Kenyans will get to have funds available to them.
Content created and supplied by: OpijaRaduk (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More