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Fuliza: Hustler Fund set to join growing market of quick mobile lenders

Hawkers going about with their business in Nyeri Town. [Kibata Kihu, Standar]

The Sh50 billion Hustler Fund will take the battle for the lucrative fast-growing market for quick digital credit that does not require collateral to market leaders, including Safaricom, NCBA and KCB.

The Cabinet on Tuesday gave the final approval for the much awaited fund, paving the way for its final rollout in conjunction with banks, saccos and telcos like Safaricom at the end of the month.

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