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 (Targets)

Key Output

KPI

Target Yr (2024)

Target Yr (2025)

Target Yr (2026)

Financial Services

Amount of credit issued (Kshs. billion)

32

42

50

Financial Services

% Recovery rate of the loans disbursed

70

80

85

Financial Services

No. of persons accessing credit (Million

23

25

27

Financial Services

Amount of credit issued (Kshs. billion)


2024

32

2025

42

2026

50

Financial Services

% Recovery rate of the loans disbursed


2024

70

2025

80

2026

85

Financial Services

No. of persons accessing credit (Million


2024

23

2025

25

2026

27

Previous Year Allocations

Num

Year

Total

1

2025

KES 1,000,000,000.00

2

2024

KES 5,000,000,000.00

3

2023

KES 10,000,000,000.00


Total Allocation KES 1,000,000,000.00

Total Allocation KES 5,000,000,000.00

Total Allocation KES 10,000,000,000.00
Changes in Allocations

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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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