The Kenya Human Rights Commission (KHRC) has called for the immediate shutdown of the Hustler Fund, citing its ineffectiveness and critical flaws. A new report, "Failing the Hustlers," highlights an "unrealistic" 14-day loan repayment window and a high default rate.

• Over Sh53 billion disbursed by September 2024, yet KHRC’s study found no measurable impact on enterprise development or job creation.
• The KHRC found a worrying default rate of 68.3 percent, estimating that for every Sh500 disbursed, Sh340 is lost, pushing the projected cost to taxpayers to 71.5 percent.
• The KHRC urges the government to redirect resources to well-structured, transparent, and decentralized financial inclusion frameworks.