Hustler Fund is finally here and Kenyans can now have the credit though the USSD *254#.
The USSD will active and functional from December 1 across the major Telecommunication companies in Kenya – Safaricom, Telkom, or Airtel .
Applicants will be required to submit their ID number and before creating pin number. One will then be required to accept terms and condition after which one will join the hustler funds.
The credit can alternatively be accessed through ‘Hustler Fund app’ that can be downloaded.
For personal finance Kenyans will access a range of KES 500 to a maximum of KES 50,000.
Borrowers will be required to be paid in 14 days at 8% interest.The interest will be calculated pro-rata or on a daily basis.
Additionally, the credit facility will help Kenyans save. Every time one borrows, five per cent of the amount will saved in the National Social Security Fund (NSSF) account of the borrower
The facility will only be available to all Kenyans who are above 18 years and will business that have turnover of Ksh. 100 million and below.
Requirements To Apply Hustler Fund
To apply for Hustler fund you must meet the following requierements;
- Be a Kenyan citizen
- Have 18 years of age and above
- have a valid national Identification Card (ID)
- Have a registered mobile number from a recognized Mobile Network Operator in Kenya e.g either Airtel, Safaricom or Telkom
- Have a mobile money account, i.e., either Airtel Money/M-PESA/T-Kash
- The SIMCARD must have been in use for more than 90 days.
- Be a Kenyan resident.
How tHow to apply Husler Fund
The process of applying for the credit facility is very simple.
Just dial the USSD *254# and follow the prompts.
![Azimio-One Kenya Alliance Coalition leader Raila Odinga has suffered a huge blow in is African Union Chairperson bid. This is after Islamic Cooperation (OIC), expressed support for Somalia’s nomination of Fawzia Yusuf Adam for the position of Chairperson of AUC for the 2025-2028 term. The former Prime Minister will now face off in a stiff competition with Fawza Yusuf. The new competitor gives Raila Odinga a major setback in his AUC bid, considering that OIC has 30 African Members states. If Fawzia gets the support of all the OIC member states, he will be ahead of other candidates considering that AU is made of 55 member states. While making the revelation recently, Somalia's Foreign Minister Ahmed Moalim Fiqi termed the new development has a big win for Somalia, given the huge number of OIC member states. "Somalia appreciates and is grateful for the support of the Organization of Islamic Cooperation (OIC), which has nearly 30 members from Africa, for taking note and endorsing Somalia's nomination of Fawzia Yusuf Adam for the position of AU Chairperson for 2025-2028," Fiqi said. Kenya Kwanza Unhappy with Raila Odinga Recently, the ODM party leader sparked outrage among Kenya Kwanza politicians following his remarks during his visit to Mukuru Kwa Njenga flood victims. In his speech, Raila condemned the ongoing evictions in the Mukuru slums, the the government as inhumane. Further, the unleashed wrath on President William Ruto, in which he termed him as a clueless leader. In their comeback, a section of Kenya Kwanza leaders fired back at Raila Odinga. Kikuyu MP Kimani Ichungwa called out the former Prime Minister for being ungrateful despite president's efforts to pull him out of the mud. "The President is busy trying to get you a job [AUC] but you are busy condemning the government," he said.](https://publicnews.co.ke/wp-content/uploads/2024/05/GridArt_20240505_131254150-390x220.jpg "Raila Odinga suffers a Big Blow in AU bid 3 Raila Odinga suffers a Big Blow in AU bid")
