
Hustler Fund will be clustered into 3 products:
- Individual Borrowing (Ksh 500 - Ksh 50,000)
- Group Borrowing (Ksh 50,000 - Ksh 250,000)
- SMEs and Cooperative Borrowing. In Product one, 5% of the borrowed amout is automatically saved, eg if you borrow 1,000 then 50bob goes to savings (which you can access when need be) Interest is 8% per year meaning per day it's 0.219% Most of the customers who borrow on this product usually pay on a daily basis. There will be no committes for the Hustler Fund. All you need is your phone. 1st Product to be launched on 30th November
0
0
0