Nairobi, 29th July 2026-The Hustler Fund has disbursed Sh90 billion to 28 million borrowers since its launch in December 2022, with the government saying the Financial Inclusion Fund is easing access to affordable credit for ordinary citizens.
President William Ruto said the fund is delivering on its promise of financial inclusion by reaching Kenyans who were previously locked out of formal lending.
“We will continue resourcing the fund so that Kenyans can continue accessing the most affordable credit in the country,” Ruto said during a debrief meeting on the fund’s progress.
The fund is distributed through three products Personal Loan, Bridge Loan, and Hustler Groups and is currently lending Sh50 million a day.
Due to high demand, the fund now has 10 million repeat customers. Out of these, 4.5 million have A and B credit scores attributed to good borrowing and repayment behaviour, a sign that the fund is building a culture of responsible borrowing.
To encourage savings, borrowers have collectively saved Sh7 billion through the fund. Dr. Ruto termed it a major achievement in mobilizing national savings.
“The milestones achieved purely on a digital platform are impressive. All the processes have been digitized,” the President noted.
Cabinet Secretary for Co-operatives and MSMEs Development Wycliffe Oparanya was present, accompanied by Principal Secretary for MSME Development Susan Mang’eni, Hustler Fund CEO Henry Tanui, and other senior officials.
The Hustler Fund was set up to provide quick, collateral-free loans to micro-entrepreneurs, boda boda riders, mama mboga and other small businesses, with the aim of lifting households and growing the bottom-up economy.
