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Originally published by The Standard
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August 1, 2026
2h ago

State introduces incentive to boost Hustler Fund repayment amid growing defaults

State introduces incentive to boost Hustler Fund repayment amid growing defaults

The initiative comes at a time when the Hustler Fund borrowers have defaulted on about Sh12.5 billion in loans...

✨ Key Highlights

Kenya's government has launched a new business support program, Tukuze Hub, to incentivize responsible borrowers of the Hustler Fund and combat rising defaults.

  • An estimated Sh12.5 billion in loans is currently in default, representing 15-20% of the Sh90 billion disbursed.
  • The initiative involves partnerships with Strathmore University and the African Management Institute (AMI).
  • Selected borrowers with good repayment records receive training, financial literacy, and business development support through Tukuze Hub.

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