• The government has introduced incentives such as matching borrowers' savings and offering dividends at 12% annually, further boosting its appeal. The fund's impact is vital in addressing unemployment and poverty by empowering small businesses and entrepreneurs across Kenya.

The Hustler Fund, a key initiative launched by President William Ruto in 2022, has gained significant traction and importance among Kenyans. The fund, which aims to provide affordable credit to micro and small businesses, has disbursed over KSh39.7 billion to 21.8 million people in its first year, supporting entrepreneurship and economic empowerment.

The fund has made notable strides in its implementation, with positive reception from entrepreneurs using the loans for income-generating projects. It has also helped many by improving their credit access, with the government taking steps to repair the creditworthiness of borrowers previously blacklisted.

In response to strong demand, President Ruto announced that the borrowing limits would be doubled, and those with savings exceeding their loan limit would see their credit limits increased.

In addition to the financial support, the government has introduced incentives such as matching borrowers' savings and offering dividends at 12% annually, further boosting its appeal. The fund's impact is vital in addressing unemployment and poverty by empowering small businesses and entrepreneurs across Kenya.

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