- President William Ruto was thrilled to meet the Mombasa tuk-tuk operator he spoke with a day before his State of Nation address
- The President revealed that the businessman had borrowed more than KSh 714,000 since the launch of the fund
- Harrison Kenga stated that he began with a limit of KSh 800 but later grew it to KSh 1,600 through consistent borrowing and repayment of loans
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Nancy Odindo, a journalist at TUKO.co.ke, brings more than three years of experience covering politics, news, and feature stories across digital and print media in Kenya.
President William Ruto has commended a Mombasa tuk-tuk operator for embracing the hustler fund and demonstrating leniency in the repayment of loans.
Harrison Kenga was among the hustlers who graced the Hustler Fund's first anniversary at the Green Park Terminus in Nairobi on November 30.
Expressing delight in his consistent loyalty to the establishment, the president awarded him a brand-new tuk-tuk and an extra KSh 3000 to his savings.
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"As we speak, his savings are at KSh 35,730. Simple as he looks. And the tuk-tuk is not even his. He did not come here to waste time. He is a businessman. Today, he will leave here with his tuk-tuk. Because he has saved more than KSh 6,000, we will top up his savings with an extra 3,000," said the president.
How Kenga grew his limit
When he called Kenga before the State of the Nation address, the president mentioned that Kenyans had diverse reactions, questioning how he borrowed more than KSh 700,000, while the highest limit was KSh 50,000.
However, Kenga, in his first meeting with the president, affirmed that his first limit was KSh 800, but grew it through frequent borrowing and repaying on time.
"When I spoke to you on the phone, Kenyans doubted your existence. Now come here and let them see that you exist. He has borrowed more than KSh 714,000 from his limit, beginning with KSh 800. Due to his consistency, we raised his limit to KSh 1,600," said the president.
"My first limit was KSh 800. I used it to fuel the tuk-tuk. I have been borrowing and repaying. in a day, I would borrow at least three times and pay," confirmed Kenga.
Ruto discloses Hustler Fund's top borrower
During the State of Nation address, Ruto revealed that the top Hustler Fund borrower had received KSh 4.5 million in 816 transactions.
He further disclosed that the facility had loaned out a total of KSh 36.6 billion since its launch in December 2022 to October 2023.
"By the end of last month, the fund had disbursed KSh 36.6 billion. The top borrower of the fund has so far accessed KSh 4.5 million in 816 transactions," confirmed the president.
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