The hustler fund is a loan like any other but unique in that it may be accessible to all youths above eighteen years since it will not consider CRB listing while issuing the loan. This is meant to help Kenyans develop small businesses out of their creativity to help solve the country's high unemployment rate.
Ruto's government has set aside fifty billion shillings to be lent to young Kenyans. The loan gains a low interest of 0.002% per day and is to e repaid in two weeks or more depending on the amount issued. The loan will be available as from the first of December 2022.
The minimum amount to be lent is five hundred shillings to around fifty thousand shillings. Your ability to repay in time gives you the maximum chance to increase your limit. Failure to repay also attracts a penalty of a high rate of return.
To access the loan, dial the USSD code *254# to register and follow the instructions.
Content created and supplied by: Joniemuwah (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