JUST IN: Hustler Fund Expansion: Ruto Triples Loan Limit, Introduces Credit Scoring
President William Ruto has announced a major increase in the Hustler Fund loan limit, significantly expanding opportunities for Kenyan borrowers. Speaking during the fund’s second-anniversary celebration on Monday, Ruto revealed that the loan limit has been tripled to benefit 1.5 million borrowers across the country. The President also introduced additional incentives for borrowers who consistently repay their loans and save within the fund. Ruto said the initiative would empower underserved populations and improve financial inclusion nationwide. “We have also introduced a new product—the Bridging Loan. This will enable all borrowers within the Hustler Fund ecosystem to triple their credit borrowing.
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