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Hustler Funds Loan Limit of Prime CS Musalia Mudavadi Revealed

During the campaigns leading to the much anticipated August 9th general elections, many candidates especially presidential candidates made different promises to Kenyans. One of the much awaited promise made by President William Ruto to Kenyans was on the hustler funds which was to boost small businesses.

President William Ruto introduced the Hustler Fund on November 30, fulfilling a key campaign promise.

Kenyans can obtain loans in the first phase of the recently established fund ranging from KSh 500 to KSh 50,000.

The Hustler fund Mini-app will automatically determine the loan cap.

Ruto, his assistant Rigathi Gachagua, and Prime Cabinet Secretary Musalia Mudavadi registered with the fund at the launch and gave a demonstration of the new loan app's functionality.

Ruto reported that the app had given him KSh 2,200 as his loan limit, while Gachagua's limit was KSh 1,600. The former Amani National Congress party chief had a KSh 2,800 loan cap imposed on him.

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CS Musalia Hustler Fund Musalia Mudavadi Rigathi Gachagua William Ruto

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