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Hustlers Fund Calculator

Hustlers Fund Loan Amount
Hustlers Fund Loan Request Date
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Interest Fee
Repayment Amount
Savings Amount
Hustler Fund Loan Due Date

The Hustler Fund offers loans ranging from Ksh500 to Ksh.50,000 at an interest rate of 8% pro-rated or a daily rate of 0.002%. Access to the fund can be done through the USSD code *254# or mobile application platforms of Kenyan mobile network operators like  Safaricom, Telkom and Airtel.

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To register for a Hustler Fund loan, customers need to:

  1. Sign up using the USSD code or mobile app.
  2. Accept the Terms and Conditions.
  3. Enter their mobile money pin.

Successful registration will be confirmed via SMS. If registration is unsuccessful, customers will also be notified.

To apply for a loan, registered customers need to:

  1. Dial the USSD code *254# or use the mobile application.
  2. Select the loan request option.
  3. Enter the loan amount.
  4. Confirm the loan details.
  5. Enter their Mobile Money pin.

Once approved, the loan will be disbursed to the customer’s mobile money account. 95% of the loan amount will be deposited into the customer’s mobile money wallet, and 5% will be deposited into the customer’s Hustler Fund savings account.

The Hustler Fund savings scheme splits the 5% deposit into 70% long-term savings (Pension) and 30% short-term savings.

For example, if a customer borrows Ksh.1,000, Ksh.50 (5% of Ksh.1,000) will be deposited into their Hustler Fund savings account. Of this, Ksh.35 will go to the Pension account and Ksh.15 will go to the short-term savings account.

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