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About 40 per cent of money borrowed from the Hustler Fund after its launch had not been repaid within the mandatory 14-day window it fell due, underlining the potential crisis the new administration faces in managing its pet empowerment Sh50 billion fund.
The government revealed yesterday the Hustler Fund has disbursed a total of Sh9.58 billion to a total of 16.59 million borrowers since it was unveiled by President William Ruto on November 30 in his first step to fulfilling one of the key campaign promises.
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