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Kalonzo Musyoka Says Ruto Should Rename Hustler Fund

January 6, 2023
Reading Time: 2 mins read
Dialogue

Wiper Party Leader Kalonzo Musyoka. PHOTO/Courtesy

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Kalonzo Musyoka now wants President William Ruto to change the name of Hustler Fund.

According to the Wiper leader, the name should not have the word “Hustler” because it is a nationally themed programme.

“If I was the President, I wouldn’t want to use Hustler because it is a national theme. Where is the legal framework of what you are calling the Hustler Fund?” he asked.

While speaking during an interview with NTV, Mr. Musyoka wondered how Ruto expected the opposition in the National Assembly to support the fund with “the word Hustler”.

“I would rather if it comes to that, change the title. It’s the same thing. If there are accolades to be made, they’ll come to you anyway,” Mr. Musyoka added.

Nevertheless, Hustler Fund was launched on November 30, 2022, and is specifically designed to support small-scale traders in the country.

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Hustler fund encompasses four products namely personal, micro business, SME, and start-up loans.

Also Read: Kalonzo Says Supporting Raila Was the Right Thing to do

Moreover, President William Ruto is expected to launch another product of the Sh50 billion kitty in February.

According to the Cooperatives and MSME Development CS Simon Chelugui, the product will be bigger and better; allowing Kenyans to borrow an amount ranging from Sh100,000 to Sh2.5 million.

Mr. Musyoka also noted that the government needs to feed its citizens, with the help of food subsidies or not. He further added that the head of state needs to cross-examine his closest advisers and question some of the economic advisories they give.

Tags: Hustler fundKalonzo MusyokaPresident Ruto

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