How to Opt in Hustler Fund in Kenya

Introduction

The Hustler Fund is a government-backed initiative that allows Kenyans to access affordable credit directly from their mobile phones. It is simple to join, and you can apply for loans without needing guarantors or collateral. Below is a complete guide on how to opt in.

The Easiest Way

1. Dial *254# on your Safaricom, Airtel, or Telkom line.

2. Select the Hustler Fund option.

3. Accept the terms and conditions.

4. Enter your mobile money PIN to complete registration.

Step by Step Guide

1. Using USSD

   • On Safaricom dial *254#, Airtel dial *254#, or Telkom dial *254#.

   • Choose “Hustler Fund.”

   • Accept terms and conditions.

   • Enter your mobile money PIN to complete the process.

2. Using Mobile Apps

   • Open M-Pesa App, T-Kash App, or Airtel Money App.

   • Go to the Financial Services section.

   • Select “Hustler Fund.”

   • Agree to the terms and conditions.

   • Enter your mobile money PIN and confirm.

3. Loan Application

   • After opting in, you will see your loan limit displayed.

   • Enter the amount you wish to borrow.

   • Confirm with your mobile money PIN.

   • Loan is sent instantly to your mobile wallet.

4. Repayment

   • Repayment is deducted automatically from your mobile money wallet on or before the due date.

   • You can also repay manually by selecting the “Repay Loan” option in the same menu.

Important Notes & Tips

• You must be 18 years or older and a Kenyan citizen with a valid ID.

• You must have an active mobile money account (M-Pesa, Airtel Money, or T-Kash).

• Loan limits increase over time with timely repayment.

• Interest rate is 8 percent per annum calculated daily.

• If you fail to repay, you may lose access to future Hustler Fund loans.

FAQs

Q: Can I opt in to Hustler Fund with more than one line?
No. Registration is limited to one mobile number linked to your national ID.

Q: How long does it take to receive the loan after application?
The loan is disbursed instantly to your mobile wallet.

Q: What is the minimum and maximum loan limit?
It starts from 500 shillings and grows up to 50,000 shillings depending on repayment history.

Q: Can I access Hustler Fund without a smartphone?
Yes. You can register and borrow using the USSD code on any mobile phone.