The Hustler Fund is finally here, but it could take you 50 years to borrow 50k

Deputy President Rigathi Gachagua, President William Ruto and Nairobi governor Johnson Sakaja during the Hustler Funds launch. [Kelly Ayodi, Standard]

"Dear customer, please try again after 30 minutes," Prezzo Bill Ruto's phone beeped when he registered to use the Sh50 billion Hustler Fund that he inaugurated on Wednesday. After a number of trials, he finally logged in. He was eligible to borrow Sh2,200.

This was revelatory on a number of counts, the first being that Prezzo Ruto credit rating isn't that high. Well, if one can borrow up to Sh50,000, some 2k is entry level in the scheme of borrowing.