It is a big moment for hustlers after President Ruto launch the hustler funds that will benefit all Kenyans who are interested in doing business. However, President Ruto declared that hustlers will get the money at a lower rate and they will be able to repay after a certain period. He warned all those who are spreading fake rumors concerning the hustler funds should refrain and focus on alternative issues. All hustlers will be able to borrow a minimum of Ksh. 500 up to a maximum and it will be determined by the borrower’s credit score. Kenyans will be able to apply for the hustler loan by dialing USSD code *254# or downloading the app from the Play Store.
However, Kenyans will be able to increase their loan limit depending on their previous hustler loans taken. It is revealed that all those who will fail to repay the loan within 14 days will have to face the consequences of the law. The rate of interest will increase if one fails to pay within 14 days.
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