Reasons why Hustler fund is getting challenged in court

Hustler fund petitioned in Court.

Piece by: Shakila Mohammed
News

• Hustler fund has been challenged in court by two civilians who claim that the kitty is illegal and an avenue to loot public coffers.

• According to government data, Kenyans are making approximately 223 loan transactions per second on the digital lending system while Ksh.48.5 million has since been paid back by loan applicants.

Image: Instagram

Kenyan citizens were so excited after the launch of the hustler fund and the disbursement of the money meant to cater to the start and growth of people's businesses.

The long excitement was shuttered after netizens realized that there were some conditions set aside for them to be able to access the funds.

KOT keyboard warriors spiked the discussion making it a top trend on Twitter on December, 1 of 2022.

One peculiar reason that didn't satisfy netizens is that when applying for the loan it requires your Mpesa pin.

The questions on the requirement of mpesa pin are still unanswered to citizens.It was also claimed that the funds awarded to people are so limited.

For most people who complained, their range was from 500, 700,900 to 1500.

There have also been claims that the government is using the hustler fund to access people's mpesa statements and that KRA will benefit from that.

Another alleged reason is that the set terms and conditions do not take one to a Hustler fund website instead it takes one to a National disaster management unit.

Citizens felt like it was still illegal to access someone's mpesa pin without their consent and imagined what could happen if the data falls into the wrong hands.

Hustler fund has been challenged in court by two civilians who claim that the kitty is illegal and an avenue to loot public coffers.

The petitioners, Mr.Bernard Odero Okello and Kevin Ndoho Macharia want the court to suspend the implementation of the fund and the disbursement of loans pending the determination of the lawsuit filed.

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Image: Instagram