About 9 million Kenyans who defaulted on their Hustler Fund loans will be barred from accessing the government’s new National Youth Opportunities Towards Advancement (NYOTA) fund, officials have confirmed. The NYOTA initiative, a partnership between the Government of Kenya and the World Bank, seeks to empower young people by funding …
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Henry Tanui has been named the new Chief Executive Officer of the Financial Inclusion Fund, popularly known as the Hustler Fund. Click here to join our WhatsApp Channel Tanui, who brings more than 24 years of experience in the financial sector, succeeds Elizabeth Nkukuu, the Fund’s founding CEO. He has …
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Co-operatives Cabinet Secretary Wycliffe Oparanya has reaffirmed that individuals who have defaulted on repaying part of the Sh60 billion disbursed under the Hustler Fund will be required to pay back the money. Oparanya explained that the fund benefited over 20 million borrowers, but only 2 million have made the required …
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The Auditor General has raised concerns regarding the management of the Hustler Fund, prompting a response from the government. Errors in data extraction, understaffing during the fund’s establishment, and issues with notes numbering were cited as reasons for the discrepancies highlighted by Dr. Nancy Gathungu. Dr. Gathungu issued a disclaimer …
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The Lower Eastern Times Opening The Third Eye