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The Hustler Fund USSD Is Now Available To Check Your Loan Status

The government's flagship program, known as the Hustler Fund, was launched by President William Ruto on November 30, fulfilling a key aspect of the president's pre-election promise.

The Hustler Fund aims to provide 500x loans to Kenyans with a daily interest rate of 0.002%.

Kenyans can apply for a loan by dialing the USSD code *254#, which leads to a menu with instructions on how to apply.

How to check your credit balance

Dial *254# via USSD

Select Loan

Check your loan status

Select a credit balance

Enter your mobile PIN

You will receive an SMS with your credit balance

If you use the Hustler Fund app to receive a loan, your loan balance will be displayed in the Hustler Fund app with the option to hide or disable it.

Hustler Fund has a similar savings component, with 5 percent of the loan going directly to the lender's savings while you get 95 percent of the loan.

Follow the steps below to check your savings balance:

Dial *254# via USSD

Select the Save option

Select Check Balance

Enter your mobile PIN

You will receive an SMS with your credit balance

For those who apply for a loan through the Hustler Fund app, your savings balance will be displayed in the Hustler Fund app with the option to hide or hide it.

The Hustler Foundation aims to help Kenyans start and work in various sectors of the economy. Can you get/earn immediate savings? Consumers can only access short-term savings.

To access your short-term savings: You must pay back your loan or 30 percent of the loan.

How often can you deposit money into your savings account? You can deposit any amount you have saved. You can also put any amount into savings.

How often can you withdraw money from your savings? There is no limit to how many times you can withdraw as long as you have available funds.

What will happen to my savings if I don't withdraw? Your savings will be available and you can view and track your savings.

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

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