Open Budget Kenya

 

Financial Inclusion Fund (Hustler Fund)-BETA - 2024

State Department

State Department for Micro, Small and Medium Enterprises Development

Programme

Digitization and Financial Inclusion for MSMEs

Sub Programme

Financial Inclusion

Allocation:

KES 5,000,000,000.00 (D)

Key Performance Indicators

Key Output

KPI

Target Yr (2024)

Target Yr (2025)

Target Yr (2026)

Financial Services

Amount of credit issued (Kshs. billion)

32

50

50

Financial Services

% Recovery rate of the loans disbursed

70

85

85

Financial Services

No. of persons accessing credit (Million

23

27

27

Previous Year Allocations

Num

Year

Recurrent

Development

Total

1

2024

KES 0.00

KES 5,000,000,000.00

KES 5,000,000,000.00

2

2023

KES 0.00

KES 10,000,000,000.00

KES 10,000,000,000.00

Budgets
Related Projects
Financial Inclusion Fund (Hustler Fund)

No. of financial products developed: 2


KES 210,000,000.00

(2024)

Youth Employment and Enterprise

No. of Youth trained on entrepreneurship skills: 8,500


KES 140,700,000.00

(2024)

Youth Employment and Enterprise Initiative-BETA

Amount disbursed to Youth, Women and PWDs Groups (Kshs Million): 650


KES 192,000,000.00

KES 142,000,000.00

(2024)

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