By Faith Mwende
The government has announced tough measures against Hustler Fund borrowers who deliberately fail to repay their loans, warning that such defaulters risk criminal sanctions and exclusion from future state-backed credit programmes.
Principal Secretary Susan Mang’eni clarified that the crackdown will target only willful defaulters, distinguishing them from borrowers genuinely struggling under economic hardships.
Since its launch in November 2022, the Hustler Fund has attracted 26.5 million members and disbursed KSh 65.7 billion.
Officials said that enforcing repayment safeguards opportunities for other borrowers while fostering a culture of responsible credit use among Kenyans.
Authorities emphasized that compliance is critical to ensuring the sustainability of the fund, which was established to expand access to affordable financing for millions across the country.
