Hasora Fund through Mpesa Infrastructure - Ride on what is working

[gout]

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Very many low hanging fruits over the Mpesa infrastructure.

Just fill a small form on what you do and you are good to go.


https://www.businessdailyafrica.com/bd/markets/capital-markets/ruto-seeks-deal-with-safaricom-to-disburse-cheap-hustler-loans-3965946

With lessons from Huduma namba and Stawi minus the state capture interests this will fly.
https://www.businessdailyafrica.com/bd/corporate/industry/banks-abandon-cbk-s-sme-mobile-loans-deal-3751964

[gout]

The propaganda around the Hasora fund just shows the uphill task Hasla has over influential sections of Kenyans who are unhappy with inclusion of the disadvantaged majority all over Kenya into mainstream policies and government programmes.

I have never seen the bullshit being vended with regard to say HELB whose repayment rates are dismal even after targeting the elites in the society. 

[gout]

That such a product is being equated to Fuliza is bonkers.

1) 0% interest rate if you are able to repay your Hustler Fund loan within 14 days.

2) An attraction of 8% interest per annum from day 15, which translates to less than 0.00025% per day.

Freedom from Fuliza and all other mobile lending apps is finally here!

[gout]

We have even hasora media now broadcasting live state events.

[RV Pundit]

very good move

[RV Pundit]

They need to replace Fuliza with it.

Safaricom is own by gov...Hustler Fund need to be tightly coupled with Mpesa.

Hustler Fund should guarantee overdraft with 8 percent.

Kick out commercial banks from direct deduction from mpesa balance and let that space become Hustler Fund.

[RV Pundit]

Two months ago, Ruto promised to remove 5 million hustlers from CRB. Last week, Uhuru’s bank, NCBA decided to pardon all Fuliza and Mshwari loan defaulters, losing Ksh. 11.25 billion in the process. Today, Ruto has launched another Fuliza. This is business!

— Ja Loka (@_fels1) November 30, 2022