President Ruto said the government had pumped an additional Sh10 billion into the hustler fund business accounts for the new hustler fund product.
He regretted that while a good percentage of Kenyans have repaid their loans, there is another group that has decided to default.
Defaulters of the government-backed financial inclusion fund, popularly known as the Hustler Fund, will not be able to access the fund's new business loan facility.
President William Ruto on Wednesday announced that Kenyans who are yet to repay their individual loans secured from the Hustler Fund will have to settle the loan before they can access the new product facility known as the Hustler Group Loan.
