JUST IN: Hustler Fund Hits Ksh70 Billion in Disbursements, Two Million Borrowers Upgraded
The government has reported that the Hustler Fund has disbursed Ksh70 billion to Kenyans since its launch in November 2022, with more than 25 million people having borrowed from the financial inclusion program. Speaking before the Senate on May 14, 2025, Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya described the uptake of the fund as a major milestone in expanding access to affordable credit for millions of citizens. “We have introduced a bridging loan of up to Sh150,000 for the two million people who have proven to be good borrowers,” Oparanya said, noting that the fund originally offered loans ranging from Ksh500 to Ksh50,000 at a pro-rated annual interest of
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