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Originally published by The Standard Business
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August 6, 2025
1mo ago

Numbers don't lie as Hustler Fund's viability questioned

Numbers don't lie as Hustler Fund's viability questioned

Claims by a human rights body that the Hustler Fund is operating at a net loss of 71.5 per cent have raised questions about its business model...

✨ Key Highlights

The viability of the Hustler Fund has been questioned after a human rights body claimed it is operating at a net loss of 71.5 percent. This has prompted debate over the fund's business model, despite denial from Cabinet Secretary Wycliffe Oparanya.

  • The human rights body alleges a net loss of 71.5 percent for the Hustler Fund.
  • Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya has denied the claims.
  • Continuous funding of the Hustler Fund from the Exchequer is described as unsustainable.

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