When hustler fund was launched on 30th, November, 2022, by President William Ruto it gave many Kenyans hope . However, unknown by many how to increase your Hustler Fund limit. They just have knowledge on how to access the Hustler Fund but not on how to increase it’s limit.
The Hustler Fund in now fully operational, and Kenyans are very excited . With many of them accessing and borrowing the funds. They are very much concerned on also increasing the limit . Here is how you can increase your Hustler Fund limit .
What is the Hustler Fund.
Hustler Fund is a digital financial inclusion initiative. It is designed to access financial access to responsible finance for personal, micro, small and medium-size enterprises.
The Hustler Fund incorporates both borrowing and savings components. President William Ruto and cabinet Secretary Simon Chelugui launched it. You can register and access the Hustler Fund on any Mobile network . Simply dial *254# or use the mobile app.
Requirements for One to access Hustler include the following .
- Be a Kenyan citizen and 18 years and above .
- Have a valid Nationalidentification card.
- Have a registered mobile number with a recognised mobile operator in Kenya.
- Provide residence details.
How to apply Hustler Fund loan.
A registered customer is required to follow the steps below :
- Dial USSD code * USSD code # or mobile application ( USSD code is *254#).
- Select the loan request option to view the limit .
- Enter the loan amount and press ok to continue.
- Confirm loan details as desplayed to continue .
- Enter your mobile money pin.
- You will receive sms notification on loan allocation with relevant loan information.
How to increase your Hustler Fund limit.
You can start borrowing from the fund with as low as ksh.500. However . With time you can increase your limit to as high as ksh. 50,000. If you want to increase the loan limit allocated , you can only do so through continues borrowing and timely repayment.