Hustler Fund runs out of steam

President William Ruto talks to small-scale traders popularly known as 'Hustlers' after his arrival during the hustler fund launch at Green Park stage at Railways on November 30, 2022. [Kelly Ayodi, Standard]

When the Hustler Fund was launched nearly a year ago, it filled many with the hopes of an era of cheap loans.

Eleven months later, the Fund officially referred to as the Financial Inclusion Fund, appears to be losing the momentum that it had in its formative days.