Hustler Fund disbursements hit Sh90bn as repeat borrowing, savings rise
Cooperatives and MSME Development Cabinet Secretary Wycliffe Oparanya said the fund has so far reached 28 million borrowers through its Personal Loan, Bridge Loan and Hustler Groups products, with the facility currently disbursing about Sh50 million daily...
✨ Key Highlights
The Hustler Fund in Kenya has reached a significant milestone, disbursing Sh90 billion to over 28 million borrowers since its inception.
- Sh90 billion disbursed to 28 million borrowers.
- Cooperatives and MSME Development Cabinet Secretary Wycliffe Oparanya briefed President William Ruto on the fund's performance.
- The fund has seen strong repeat borrowing, with 10 million borrowers returning for additional loans and 4.5 million achieving improved credit scores, alongside Sh7 billion in savings.
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Hustler Fund Disbursements Hit Sh90bn as Repeat Borrowing Rises - July 2026
The Hustler Fund has disbursed Sh90 billion to over 28 million borrowers since its inception, marking a significant milestone in Kenya's microfinance landscape. At the same time, KCB received Sh12.9 billion from the European Investment Bank for SME lending, expanding access to credit for small and medium enterprises. Meanwhile, China has approved Standard Bank Group to operate Africa's first Renminbi clearing hub, facilitating trade and payments between China and African nations.
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