C
Originally published by Citizen Digital
📰 Read Full Article
September 12, 2025
2h ago

Gov't to deny 9 million Hustler Fund defaulters access to SHA Lipa Pole Pole

Gov't to deny 9 million Hustler Fund defaulters access to SHA Lipa Pole Pole

PS Mang’eni says borrowers who have purposefully refused to pay the loan acquired three years ago will not have access to other government credit facilities, such as th.....

✨ Key Highlights

The Kenyan government plans to deny 9 million defaulters of the Hustler Fund access to other credit facilities, including the Social Health Authority (SHA) Lipa Pole Pole initiative. This decision comes as the total defaulted amount stands at Ksh. 5 billion, down from Ksh. 6 billion.

  • Approximately 9 million Kenyans have defaulted on Hustler Fund loans out of 26.5 million registered members.
  • Principal Secretary, State Department of Micro, Small and Medium Enterprises Development, Susan Mang’eni, stated that defaulters purposely refusing to pay will be categorized as "criminals" and blocked from other government services.
  • An amnesty is offered to defaulters willing to repay their loans, though the policy primarily targets those who intentionally evade repayment rather than those facing genuine financial hardship.

Continue Reading

Read the complete article from Citizen Digital

📰 Read Full Article