Ruto questions Hustler Fund loan limit after his barber's concern

President William Ruto has raised concerns over the borrowing limit of the Hustler Fund. https://bit.ly/3tUvUpv

Transcript

00:00 The ASLA Fund has been able to serve millions of Kenyans from all walks of life, especially

00:06 earn consistently, earn conveniently, earn repeatedly, lending billions of shillings

00:17 in unsecured loans and recovering it without need for drastic, expensive or time-consuming

00:24 procedures.

00:27 We are going to celebrate one year anniversary of the ASLA Fund shortly, maybe next month.

00:36 And we have wonderful stories.

00:41 In fact, I had an occasion last week.

00:43 You can see my hair is newly shaved.

00:46 So my barber came to do some work on what is left of my hair.

00:58 And in the process, he asked me, Mr. President, you know my savings on the ASLA Fund is now

01:07 5,600.

01:12 Why is it the case that my limit is still at 5,000?

01:17 Why don't you consider the fact that I have saved 5,000?

01:22 Why don't you increase my limit?

01:25 And it was a fundamental question.

01:27 I have since put that question to the CS.

01:31 I have put that question to Safaricom.

01:34 I have put that question to all the other stakeholders in that space.

01:38 Because we need to answer that gentleman.

01:41 Because the next time he comes to visit me, I need to have answers for him.

01:45 I was very honest with him.

01:47 I didn't have an answer at that point.

01:50 So I mean, there are many Kenyans out there who truly know what it means to have access

02:02 to affordable credit and how much difference it makes for their businesses.

02:09 [BLANK_AUDIO]