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Why Hustler Fund might not serve the intended purpose

Businesses in Kenya are affected by more than just the money factor.. [Wilberforce Okwiri, Standard]

You can decide to look at the Hustler Fund as an antithesis of some sort; an anticlimax and a big letdown from the high expectations that were set. You can decide to focus on the maximum loan limit and the 8 per cent tax rate to assert that the government has turned its back on its promise to provide grants, not loans.

However, on the flip side, you can also decide to admit that in business, capital is not usually the greatest impediment. If you enumerate the number of businesses that can be initiated with Sh50,000 or less, you will be lost for choice. Better still if you do a simple survey from people in business, you will be surprised by the amount they started with.

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