Hustler Fund Loan Application Requirements 2025

The Hustler Fund is a revolutionary financial inclusion initiative by the Kenyan government, offering affordable credit to individuals, micro-entrepreneurs, and SMEs. With low-interest rates and no collateral requirements, it has become a lifeline for many Kenyans seeking quick and accessible loans. If you’re wondering how to apply, what the requirements are, and how much you can borrow, this comprehensive guide covers everything you need to know about the Hustler Fund loan application process in 2025.

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What is the Hustler Fund?

The Hustler Fund is a digital financial inclusion program designed to provide affordable credit to Kenyan citizens, particularly those in the informal sector. It offers:

• Personal Loans (KSh 100 – KSh 50,000)
• Group Loans (KSh 20,000 – KSh 1,000,000)
• Bridge Loans (for borrowers with good repayment history)

The fund aims to reduce poverty, improve financial access, and encourage savings by automatically deducting 5% of each loan into a savings account.

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Hustler Fund Loan Application Requirements

1. Personal Loan Requirements

To qualify for a Hustler Fund Personal Loan, you must:
✅ Be a Kenyan citizen aged 18+
✅ Have a valid National ID
✅ Use a registered mobile money wallet (M-Pesa, Airtel Money, T-Kash)
✅ Have an active SIM card for at least 90 days
✅ Have not defaulted on previous Hustler Fund loans

2. Group Loan Requirements

For Hustler Fund Group Loans, your group must:
✅ Have 10–100 members (all must meet personal loan criteria)
✅ Be registered with MSEA or BRS (for formal groups)
✅ Engage in economic activities (e.g., agriculture, trade)
✅ Have three officials (Chairperson, Secretary, Treasurer)

3. Bridge Loan Requirements

The Bridge Loan is for repeat borrowers with a strong repayment history. To qualify, you must:
✅ Have a Hustler Fund rating of A or B
✅ Repay previous loans on time
✅ Have no outstanding loans when applying

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How to Apply for a Hustler Fund Loan

1. Personal Loan Application (USSD Method)

1️⃣ Dial 254# on your Safaricom, Airtel, or Telkom line.
2️⃣ Select “Hustler Fund” > “Personal Loan.”
3️⃣ Enter loan amount (within your limit).
4️⃣ Accept terms & conditions.
5️⃣ Enter M-Pesa PIN to confirm.
6️⃣ Receive funds instantly (95% to wallet, 5% to savings).

2. Group Loan Application

1️⃣ Dial *254# and select “Hustler Groups.”
2️⃣ Create/Join a group (minimum 10 members).
3️⃣ Assign roles (Chairperson, Secretary, Treasurer).
4️⃣ Submit loan request (approved by 5 random members).
5️⃣ Receive funds (95% to group wallet, 5% to savings).

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Loan Limits, Interest Rates & Repayment

Loan Type	Amount Range	Interest Rate	Repayment Period
Personal Loan	KSh 100 – KSh 50,000	8% p.a. (9.5% if late)	14–30 days
Group Loan	KSh 20,000 – KSh 1M	7% p.a.	Up to 6 months
Bridge Loan	Higher limits (based on credit score)	8% (30 days), 9.5% (31–60 days)	30–60 days

🔹 Repayment: Dial *254# > “Repay Loan” > Enter amount > Confirm with PIN.

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Key Benefits of Hustler Fund Loans

✔ No collateral required
✔ Instant approval & disbursement
✔ Automatic savings (5% of loan goes to pension & short-term savings)
✔ Credit score improvement (timely repayment increases limits)
✔ Government-matched pension contributions (up to KSh 3,000/year).

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What Happens If You Default?

⚠ Late repayment increases interest to 9.5% p.a.
⚠ Persistent defaulters risk loan suspension & lower credit limits
⚠ Group loans hold all members accountable for repayment.

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Final Thoughts

The Hustler Fund loan is a game-changer for Kenyan entrepreneurs, offering quick, affordable credit without collateral. By meeting the simple application requirements and repaying on time, you can increase your loan limit and even qualify for higher-tier products like the Bridge Loan.

💡 Pro Tip: Always borrow responsibly and use loans for productive purposes to maximize benefits!

For more details, visit the official Hustler Fund website or dial *254# to check your eligibility.