In a development that has stunned financial experts and critics alike, President William Ruto has dropped a bombshell: a staggering 90% of Kenyans are repaying their Hustler Fund loans—despite the loans requiring no collateral whatsoever.
“NO COLLATERAL, NO PROBLEM” – SAYS RUTO AT GLOBAL SUMMIT
Speaking on Tuesday, April 9, at the World Chambers Federation (WCF) Africa Summit 2025 hosted at KICC in Nairobi, Ruto unveiled the unexpected success of the Hustler Fund, painting a picture of national discipline and trust in government-backed finance.
A LOAN SCHEME NO ONE SAW COMING—BUT KENYANS ARE EMBRACING IT
“The figures are nothing short of shocking,” Ruto declared. “You’d think zero collateral means zero repayment—but Kenyans are proving the world wrong. They’re paying up, not because they’re being forced, but because they actually see the value!”
90% REPAYMENT RATE DEFIES FINANCIAL ODDS
According to the President, the public’s response to the Hustler Fund has defied conventional financial logic. Despite lacking the usual loan security measures, Kenyans are lining up to settle their debts, drawn by ultra-low interest rates and accessible terms.
HUSTLER FUND: CHANGING THE GAME FOR MILLIONS
Launched in November 2022, the Hustler Fund was designed to help everyday Kenyans—especially small business owners—access fast, flexible credit via mobile phones and USSD codes. With a maximum limit of Sh50,000 and an 8% annual interest, the fund has revolutionized how microloans are accessed in the country.
FROM CRITICS TO BELIEVERS – THE GRASSROOTS LOAN REVOLUTION
Ruto insists that the Fund isn’t just about loans—it’s about mobilizing a grassroots economic transformation. “This is not just a fund. It’s a movement. It’s a catalyst for a new Kenya,” he said, sparking applause.
EXPERTS BAFFLED – HOW IS THIS POSSIBLE?
While financial institutions typically rely on collateral to ensure loan repayments, the Hustler Fund’s skyrocketing success has left many questioning traditional banking models. Some experts are even calling it “a rare economic miracle.”
As the numbers climb and the repayment rates continue to impress, all eyes are now on Kenya—and its bold experiment in financial inclusion.
