![]() You may even have to answer quick polls or complete simple gigs. There are all kinds of tasks you may be asked to complete, from basic product testing to market research jobs. You’ll get bonus points for each new action you complete, and you can then convert these points to cash. Once you’ve received the product, you’ll have to do a variety of tasks, such as creating a video, providing answers to survey questions, or comparing it with other products. You can then receive cashback via the payment method of your choice from PPOC club, getting between 40% and 100% cashback depending on the product and the option you select. You’ll want to act quickly, as the invites often only last one day. You’ll then order the product, pay for it, and serve as a mystery shopper. Please refer to our terms and conditions and privacy policy before using this website.If you get an invite for a product test, you'll need to claim it to make sure nobody else takes your spot. Money254 is not a financial institution, insurance provider or financial adviser and is not liable for any decisions any individual makes based on the information provided on the website. Take note that the institutions represented on this website may vary their terms at any time or may offer you terms different to what you have seen on the website due to their own analysis of your individual circumstances or change of terms and you are encouraged to review the specific financial institution’s terms and conditions when obtaining their services or products. Money254 does not own any of the information provided by or obtained from third party financial institutions. Money254 strives to keep the information on the website up to date and does not warranty that all the information will be as the financial institutions updated or changed information at all times. The loan amounts disbursed to each application will differ based on the customer's business needs.ĭisclaimer: The information that Money254 provides on this website is obtained from publicly available resources and is intended for information or educational purposes only. Loan amounts from the Hustler Fund will range from Ksh500 to Ksh50,000 for individuals. Read Also: CBK Rescues Kenyans Listed on CRB Over 30-Day Loans Hustler Fund Loan Limits Be members of any of the credit societies or investment groups that will act as their guarantors.Belong to the low-income bracket group.Read Also: Ksh500 to 50k: How Ksh50B Hustlers Fund Will Be Distributed Eligibility RequirementsĪll Kenyans interested in applying for the hustler fund should meet the following criteria This article will go over the requirements and how to apply for the hustler fund as an individual. Loans from the Hustlers Fund will be accessible through financial institutions like banks, microfinance institutions, and Saccos. The details on the eligibility process for loans to groups and small enterprises remain scanty. The next product for chamas will start from Ksh50,000 to Ksh250,000, then the next one will climb up like that as we continue to roll out the fund," Ruto stated during a Kenya Kwanza Parliamentary Group meeting at State House. "The amount of money available on the personal loan platform is Ksh500 - Ksh50,000. and Loans to small enterprises and co-operatives. ![]() President William Ruto would later on Wednesday clarify that the Ksh50,000 maximum was set for individual borrowers and that other categories would have a higher limit.Īs such, it is now understood that the Hustlers Fund will offer three types of loans, or rather will loan on three different levels. Initially the communication from the cabinet had indicated that the loans will range from a minimum of Ksh500 to a maximum of Ksh50,000. The funds, which are available to individuals, groups, small enterprises and co-operatives will be offered at a one-digit interest rate of 8% per annum. Hustler Fund Application in Detail> How to Apply for the Hustler Fund on Your Mobile Phoneįollowing the Cabinet's approval on Tuesday, November 15, disbursement of the Ksh50 billion annual Hustlers' Fund kitty has been set to commence on December 1, 2022. If a registration fails, you will also be notified via SMS. Next, an SMS should be sent to your mobile phone number registered on mobile money notifying you of a successful registration and the borrowing limit assigned to your profile. You will then be required to accept the Terms and Conditions to join the Hustler Fund, then enter your mobile money PIN. ![]()
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