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Why most borrowers won't put hustler money into businesses

President William Ruto launched the Hustler Fund on November 30, 2022. [Wilberforce Okwiri, Standard]

The now-popular Hustler Fund was a good campaign strategy, but there are reasons it might fail to work for the majority of Kenyans. A tax policy that would give every citizen more purchasing power could have been a better post-election initiative. As such, most Kenyans who are borrowing from the kitty, regardless of the communicated measures and threats to the loan defaulters, are spending the money on consumption because man must live.

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