Hustler Fund was an excuse for Kenyans to eat from government

By now you are aware that as of Saturday, the 3rd of December Kenyans at borrowed 1.3 from the Hustler Fund. And by some estimates up to 90% of those individuals have thus far failed to pay back that loan.

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Well this is troubling news for the government as it was President Ruto’s pet project it is hilarious for most Kenyans looking in from the outside as it’s a sign that Kenyans truly have been waiting for an opportunity to eat off the government.

When you think about it a lot of complaints about the Hustler Fund have been legitimate as many claim the 14 day within which you have to pay the loan is insufficient for anyone to borrow that money injected into their business and then realise a profit and pay it back. Well there’s that and the fact that the fund’s initial loan is usually just 500 Kenya Shillings.

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As a result a lot of Kenyans have been borrowing that money for the weekend when they want to go out partying on a date or to the movies or whatever the hell else kenyans do when they have free time.

And indeed the attitude we get from talking to a lot of people who have borrowed from the Hustler Fund, is very flippant in the sense that they see this almost like free money. That’s right Kenyans intend to hide behind the sheer numbers of individuals who have borrowed from the fund in the hopes that the government will be overwhelmed and incapable of getting back their money.

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You could argue that there’s no way to “eat off” the government as a prerequisite for 1 to register is 412 reveal the m-pesa details but account is someone in formed me off to this argument is that the government cannot take what you do not have. So whether or not they have your m-pesa did becomes irrelevant if you have no money in it.

Hustler Fund was initially a great idea but it remains to be seen how the government will execute the recovery of monies borrowed and I guarantee this will make for some hilarious situations, memes and videos about precisely that.

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