President William Ruto has urged Kenyans to fulfill their responsibility by repaying the hustler funds, which will enable them to access future loans. Speaking in Embu on Friday, Ruto emphasized that the fund, which carries an 8 percent annual interest rate, is not free and must be returned to the government. He reminded Kenyans that the purpose of the fund is to elevate their living standards through the establishment of small businesses.
Expressing his concerns, Ruto criticized some of his supporters who have claimed that they voted for the Kenya Kwanza Alliance government and, therefore, should not be required to repay the loans. He clarified that the aim of the program was to provide Kenyans with access to funds for their benefit, but it should not be misused. Dismissing the notion that voting for the government exempted individuals from repaying their debts, Ruto stressed that the funds given are indeed debts that Kenyans should honor.
In his address, Ruto appealed to Kenyans to fulfill their obligations and repay the loans they received from the hustler funds. He highlighted the importance of repayment, as it not only enables the government to sustain the program but also allows individuals to build a positive credit history, making them eligible for future loans. Ruto acknowledged that the fund was created to uplift the lives of Kenyans by supporting their entrepreneurial ventures and called on citizens to contribute to its success through responsible repayment.
Recognizing the significance of the hustler funds in empowering Kenyans, Ruto reiterated that the program’s objective is to improve the living conditions of individuals across the nation. He stressed the need for borrowers to understand that the funds were never intended as gifts but rather as a means of assisting citizens in starting their own businesses. Ruto encouraged Kenyans to embrace the opportunity provided by the program while fulfilling their obligations to repay the loans, ensuring the sustainability and continued support of the initiative.
In conclusion, President William Ruto urged Kenyans to repay the hustler funds, emphasizing that the loans are not free and must be returned to the government. He expressed disappointment in supporters who believed they were exempt from repayment due to voting for the government, clarifying that the funds provided are indeed debts. Ruto called for responsible repayment to enable the program’s continuation and stressed the importance of building a positive credit history for future borrowing. He highlighted the purpose of the fund to uplift the living standards of Kenyans by supporting their entrepreneurial endeavors and encouraged citizens to embrace the opportunity while fulfilling their obligations.
