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Top Bishop Sends A Message To Youths Over Ruto's Hustlers Fund

Youths across the country have been advised to embrace the newly launched Hustlers fund, a scheme that allows Kenyans with National Identity cards and phones to borrow money from government.

Deliverance Church Of Kenya Bishop Mark Kariuki has explained that the fund is a game changer asking youths to take it to transform their lives. He asked them to ignore the naysayers who are opposed to the fund especially the politicians allied to the opposition side.

President William Ruto during the launch of the now famous Hustlers fund. Photo Credits: Courtesy.

He asked the youths to form credible groups to enable them enjoy higher loan limits which they can use to establish businesses which in turn will change their lives, according to him, borrowing the money individually would not make a meaningful change.

"If the youth borrow the Hustlers fund as an individual, they can only go so far and make to meaningful development, a group of 10 youths who borrow Sh 10,000 each and pull their resources together will make major development strides as compared to an individual" Bishop Kariuki stated.

The Bishop's remarks come just after President William Ruto revealed plans to increase the limit of various borrowers.

Currently The loan limits for the product is a minimum of KSh. 500 up to a maximum that is being determined by the borrower’s credit score and capped at KSh.50,000.00.

However, the loan limit of a borrower has the ability of rising to a higher amount depending on their behaviours in borrowing and repaying.

Despite the opposition the scheme has recieved from some quarters, billions have been borrowed with some keep taking and refunding in a bid to increase their limits.

Content created and supplied by: TheDon's_Writes (via Opera News )

Deliverance Church Of Kenya Hustlers Mark Kariuki National William Ruto


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