Hustler Fund noble, but tie up the loose ends

President William Ruto during the Hustlers Fund Launch. [Kelly Ayodi, Standard]

The Hustler Fund is a good initiative. At a time when the economy is in bad shape, it promises to stimulate the business environment by offering individuals and small businesses much-needed credit.

This might just help bring down the high level of unemployment occasioned by the lingering effects of Covid-19, external shocks such as the war in Ukraine and a crippling drought that has gutted the agricultural sector, the largest employer in rural Kenya.