"Unlocking Hustler Fund Opportunities in Kenya 2023: A Comprehensive Guide"How to get hustler fund in Kenya.
Hustler fund registration.
To register for the hustler fund also called Biashara loan, customers need to dial *254# on their mobile phones and select their business category (Agriculture, Trade, Manufacturing, Service Providers). They also need to enter their business registration number and KRA pin linked to the business.
Eligibility.
- To be eligible for the Biashara loan, customers must;
- Be a Kenyan citizen of 18 years of age and above
- Have a Kenyan Valid National ID
- Have an active SIM Card from any Mobile Network Operator
- Have opted to Hustler Fund Personal Loan Product
- Have a business number for a business registered on the Business Registration Service (BRS)
- Have a KRA pin linked to the Business on BRS
How to apply hustler fund,how to access.
Dial USSD code *254# or mobile application.
Select the loan request option to view the limit, interest, and loan tenure.
Select the loan request option to view the limit, interest, and loan tenure.
Enter the loan amount and press OK to continue
Confirm loan details as displayed to continue
Enter Mobile Money pin
Receive SMS notifications on Loan allocation with relevant loan information.
Can an individual apply for hustler's fund.
The Biashara loan is part of the Hustler Fund Personal Loan Product, which is a revolving fund that provides credit to small businesses and individuals who have no collateral or formal banking history.
The Biashara loan product has two components, individual and group.
How to opt out of hustlers funds in Kenya after registration.
As of today , once you opt-in to the hustler fund, there is no option to opt-out.
This is a feature that has been requested by many Hustler Fund users who either want to change their phone numbers or did not receive a loan after registration and therefore want to leave.