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In Kenya, Lipa Mdogo Mdogo phones are aggressively marketed as an easy way for low-income earners and first-time smartphone users to own a phone. You pay a small daily amount, and the phone is yours—at least, that’s how it sounds. But behind the catchy marketing lies a system that has left thousands of Kenyans frustrated, locked out of … Read more
The Hustler Fund was introduced by the Kenyan government to provide affordable credit to individuals, small traders, and MSMEs who were previously excluded from formal banking. With millions of Kenyans borrowing through the platform, a critical question keeps coming up online: What will happen to Hustler Fund loan defaulters? This guide explains everything you need … Read more
The Hustler Fund, a transformative financial initiative by the Kenyan government, has been a game-changer for micro, small, and medium-sized enterprises (MSMEs) and individual entrepreneurs. It provides affordable credit to empower hustlers, boost businesses, and drive economic growth. However, many borrowers often wonder how they can increase their loan limit to access more funds for … Read more