Financial support for the boda boda sector through the hustler fund

• The Kenya Kwanza government ran its campaign with the promise of a transformative economic model – the “bottom-up” approach. This led to the birth of the Hustler Fund, which set aside Sh50 billion to provide cheap credit to micro and small enterprises.

The Hustler fund was launched in 2022. However, the fund has not worked as expected, as concerns have been raised over individuals and groups not being able to access reasonable capital from the fund. This is especially the case for small businesses such as those from the boda boda sector, as the fund is not viewed as a reliable capital source.