Financial and capacity building support for women through the Hustler Fund

The Kenya Kwanza Government promised to provide financial and capacity building support for women through the hustler fund for women-led co-operative societies, chamas, merry-go-rounds and table banking initiatives and protect them from predatory interest rates charged by unscrupulous money lenders.

In March 2023, the President launched the Women Enterprise Fund (WEF) Digital to provide access to WEF loans through the Hustler Fund platform, a move the he stated would accelerate the economic empowerment of women as the loans would be accessed instantly (unlike in the past where processing took 45 days) and at a low interest rate of 6% per year.
In 2025, the Kenya Kwanza Government announced plans to merge the Uwezo Fund, Youth Fund, and WEF into the Biashara Fund to streamline access to financing for small businesses. The Government stated that the move was informed by the fact that youth and women were taking advantage of the current fragmented system to access multiple loans unfairly.

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This Promise Tracker is an independent civic-accountability tool designed to monitor and document the progress of public commitments made by the Government of Kenya. Information presented on this platform is compiled from publicly available sources including government publications, parliamentary records, policy documents, and credible media reports. The classifications used in this tracker represent an evidence-based assessment by the platform’s researchers and should be understood as analytical judgments rather than official government determinations. While every effort is made to ensure accuracy and regular updates, the status of promises may evolve as new information becomes available. This website is not affiliated with or operated by the Government of Kenya.

Last updated: March 4, 2026 8:08 am