The Hustler Fund Kenya: Access Hustler Fund Loan via phone *254#

Here is your ultimate guide on how to access Hustler Fund loan straight to your mobile money account

Hustler Fund Requirements

  • Must be a Kenyan citizen (18 years and above)
  • Must have a valid National Identification Card (ID number serves as unique identifier)
  • Must have a registered mobile number with a recognized mobile network operator i.e. either Safaricom, Airtel or Telkom
  • Must have a registered mobile money account e.g. MPESA, Airtel Money or TKASH
  • Your registered SIM card must have been used for more than 90 days
  • Must provide residence details

A valid good conduct certificate is not required but it helps to be on the right side of the law.

How to Quickly Register a Hustler Fund Account

Below are the exact steps to register with the Hustler Fund.

Total Time: 2 minutes

  1. Dial USSD code 254 or use the mobile app

    The Hustler’s Fund USSD code is *254#

    Call the code from any of the mobile network operators i.e. Safaricom, Airtel or Telkom.

  2. Choose the Register option

    Type 1 and then click send to register.

  3. Accept the terms and conditions

    Type 1 and click send to accept the terms and conditions for joining the Hustlers platform.

    The terms and conditions can be viewed on the Hustler Fund website https://fif.hustlerfund.go.ke/home

  4. Enter your Mobile Money PIN

    Enter the PIN for your Mobile Money i.e. MPESA or Airtel Money or TKASH

  5. Receive SMS notifications

    Receive SMS notifications confirming successful registration and the assigned Hustler loan limit.

    You’ll also receive a notification if the Hustlers Fund registration is unsuccessful.

How to Apply for Hustler Fund Loan

You can apply for Hustlers fund loan via mobile app or USSD.

1. Dial USSD code 254

Dial the Hustler’s Fund USSD code or use the mobile app.

2. Select the Loan request option

Next, select the Loan request option to view your loan limit, interest and loan tenure.

3. Enter the loan amount

Next, enter the loan amount and press OK to continue.

4. Confirm loan details

Confirm loan details and if okay continue to the next step.

5. Enter your Mobile Money PIN

Next, enter your Mobile Money PIN.

6. Receive SMS notifications

You’ll receive an SMS with your loan allocation and the relevant loan information.

President William Ruto noted that loans disbursement would start on the days after Wednesday, November 30, 2022.

How to Check Hustler Fund Loan Balance

Below is a step by step guide to check your approved loan balance:

  1. Use the mobile application platforms or USSD code (*254#) to get to your Hustler Fund account.
  2. Select the Loans option on your mobile phone menu.
  3. Choose the Check Loan Status option.
  4. Enter your PIN.
  5. You’ll receive a message showing your current loan balance.

About Hustler Fund

The Hustler Fund is a loans and savings scheme launched by President William Ruto on Wednesday, November 30 2022.

Individuals, Micro, Small and Medium enterprises (MSMEs) can borrow loans or access the savings account scheme.

This is done through dialing USSD code (*254#) via any of the mobile network operators or apply via the approved mobile application platforms.

The loan limits range from a minimum of Kshs 500 to a maximum of Kshs 50,000. The approved loan is disbursed to your mobile money account.

The Hustler Fund interest rate is set at 8 per cent pro rated basis per annum.

How to increase your Hustler Fund Loan Limit

You can quickly increase your loan limit by applying and repaying the loan within the stipulated time.

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