Editor's Review

President Ruto said that some of the borrowers will access double the amount they have been borrowing. 

President William Ruto has announced that six million Kenyans will from Saturday, February 4, 2023, have their Hustler Fund limits enhanced. 

Speaking during the 50th Anniversary Celebrations of the Kenya Police Sacco in Nairobi, Ruto said that some of the borrowers would access double the amount they have been borrowing. 

“We have identified six million Kenyans to increase their credit. The members from tomorrow can access more money, some will access double of what they have been accessing while others will access 80 percent of what they have been getting,” Ruto said.

File image of President William Ruto

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The Head of State also noted that the government would review the credit limit of Hustler Fund members after every four months.

“We are going to review the credit limit of every member after every four months. We will add an additional ceiling so that we can grow everybody,” Ruto announced.

He further revealed that every Hustler Fund borrower would be assigned a financial grade from the end of February.

“At the end of this month, every borrower on the Hustler Fund will be assigned a financial grade and you can know if you are good or if you need to increase the credit,” Ruto stated.