By Jeff Kizzilah
Kenyans has borrowed an average of 10million shillings since the launch of the fund.
Mr.James Mureu , Chairman Small Medium Enterprises Authority has said the Hustler Fund has said over four categories of loans which includes personal finance,Microloan and small medium enterprises for small business people.
” If you borrow the loan and repay your loan on time the interest of the fund will develop gradually from 500 to 2000 and also 5000,” Chairman said.
He said the fund also requires borrowers to set up a savings account with 5% of the loan automatically as a personal scheme.
The President has lured many youths and small enterprises to borrow from the fund,he has also castigated the people who are opposing it.
