Kenyans are not sleeping when it comes to borrowing because it has only been 24 hours and Ksh 400 million has already been borrowed from the Hustler Fund.
According to a government statement, 1.4 million people have registered.
Kenyans will be able to borrow up to Ksh 50,000 from the Fund at an interest rate of 8%.
President William Ruto described the launch as a critical step in his administration’s implementation of the bottom-up transformational agenda.
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President Ruto’s manifesto of uplifting Small and Medium-Sized Enterprises (SMEs) by facilitating access to affordable credit included the Hustlers Fund.