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How to Repay Hustler Fund Loan

Repay Hustler Fund Loan

Repay Hustler Fund Loan: In the first phase, the Hustler Fund will provide loans ranging from a minimum of Sh500 to as high as Sh50,000 at an 8 percent pro-rated basis or a daily rate of 0.002 percent. The loan should be repaid within 14 days.

Kenyans can access the funds using the USSD code *254# and via mobile application platforms from any of the Kenyan mobile network operators.

It is important to note that the Hustler Fund will only be available from December 1, 2022, when the below instructions will be activated.

  1. Applicants will be required to dial the USSD code *254#
  2. Select the loan request option to view the limit, interest, and loan tenure. 
  3. Enter the loan amount and press OK to continue 
  4. Confirm loan details 
  5. Enter Mobile Money pin 
  6. Receive SMS notifications on Loan allocation
  1. Enter mobile app from any mobile network operator
  2. Select the loan request option to view the limit, interest, and loan tenure. 
  3. Enter the loan amount and press OK to continue 
  4. Confirm loan details 
  5. Enter Mobile Money pin 
  6. Receive SMS notifications on Loan allocation

If approved, 95% of the funds will be transferred to your mobile money account.

The remaining 5% will be transferred to your savings account for the Hustlers pension program.

  1. Must be a Kenyan citizen of 18 years of age and above
  2. Must have a valid national Identification Card (ID)
  3. Must have a registered mobile number from a recognized Mobile Network Operator in Kenya (Airtel, Safaricom, or Telkom)
  4. Have a mobile money account (Airtel Money, M-PESA, or T-Kash)
  5. Must have used the SIM card in question if it has been used for more than 90 days.
  6. Must live and conduct business in Kenya.
  7. Must provide residence during the onboarding process (where applicable)

Other than the 5% that is used for saving, Hustler Fund does not impose a transaction fee.

Kenyans can repay Hustler Fund Loan by following the commands via USSD code *254# or the mobile app.

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Written by The County Info

Amos is an experienced SEO expert. He has an interest in finance, IT, business ideas, and investments. He has also contributed to many global web portals.

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