JUST IN: Govt Mulls Ksh.6B Hustler Fund Loan Write-Off Amid MP Backlash 

  The government is considering writing off defaulted Hustler Fund loans totaling up to Ksh.6 billion, Principal Secretary for Micro, Small and Medium Enterprises Development Susan Mang’eni has announced. The loans, issued to 10 million Kenyans in 2022, remain unpaid more than two years later. While appearing before the National Assembly’s Committee on Trade, Industry and Cooperatives, Mang’eni confirmed that the borrowers failed to repay the loans, prompting the ministry to propose a write-off to clean up the fund’s risky loan portfolio. “They never repaid, and that is what we will be seeking to write off,” Mang’eni told the committee. “The portfolio that is totally at risk and is in default
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