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President William Ruto Wednesday unveiled the much-awaited Hustler Fund in his first step to fulfilling one of the key campaign promises.
The new kitty offers affordable credit, taking on popular mobile phone lenders in the battle for quick loans.
President Ruto said the Sh50 billion kitty, which is backed by three mobile phone service providers and financial institutions, will bring to an end the era of predatory lending that has been characterised by high-interest rates.
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