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Make slums part of financial inclusion drive

A road that leads to Kibra, one of the slum areas within Nairobi County. [Elvis Ogina ,Standard]

President William Ruto recently launched a new digital financial inclusion initiative called Biashara loan aimed at enabling micro-SMEs access to loans at low interest rates.

The Biashara loan is part of the Hustler Fund Personal Loan Product, which is a revolving fund that provides credit to small businesses and individuals who have no collateral or formal banking history.

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