How to Apply for Hustlers Fund in Kenya: A Comprehensive Guide for 2026

The Hustlers Fund is an initiative by the Government of Kenya aimed at providing financial support to small-scale entrepreneurs, vulnerable individuals, and the youth who have limited access to traditional financial services. The fund offers affordable loans to help businesses grow and individuals meet urgent needs, promoting financial inclusion and economic empowerment.

In this article, we will walk you through how to apply for the Hustlers Fund in Kenya in 2026, including detailed steps for registration, application via USSD, mobile app, and the requirements for eligibility.

Hustlers Fund Loan Details

Loan Amount

The Hustlers Fund offers loans ranging from Ksh. 500 to Ksh. 50,000, depending on the individual’s eligibility and credit history.

Interest Rate

The loan comes with an 8% annual interest rate, which is approximately 0.02% per day.

Repayment Period

The loan must be repaid within 14 days from the date of disbursement.

Loan Disbursement

• 95% of the loan amount is credited to your mobile money account (M-PESA, Airtel Money, or T-Kash).
• 5% goes into your savings account, further divided into:
  • 70% into your long-term pension account.
  • 30% into your short-term account.

How to Register for Hustlers Fund

Before applying for the loan, you must first register for the Hustlers Fund. Here’s a step-by-step guide on how to register:

Registration via USSD Code:

1. Dial the USSD code: Dial *254# from any mobile network (Safaricom, Airtel, or Telkom).
2. Select Registration: Type 1 and press send to begin the registration process.
3. Accept Terms & Conditions: Type 1 to accept the terms and conditions, or 2 to decline.
4. Enter Mobile Money PIN: Enter your M-PESA, Airtel Money, or T-Kash PIN to complete the registration.
5. Confirmation: You will receive an SMS confirming your successful registration and the loan limit you’ve been assigned.

Registration via the Mobile App:

1. Download the App: Go to the Google Play Store or Apple App Store and search for “Hustlers Fund Loan” app.
2. Install the App: Install the app on your phone and open it.
3. Complete Registration: Follow the on-screen instructions to complete the registration process.

How to Apply for Hustlers Fund via USSD Code

Once you’ve registered for the Hustlers Fund, you can apply for the loan by following these steps:

1. Dial USSD Code: Dial *254# again.
2. Select Loan Request: Choose the loan request option (type 1 and press send).
3. Enter Loan Amount: Enter the amount of the loan you wish to request, which cannot exceed your loan limit.
4. Enter Mobile Money PIN: Enter your mobile money PIN (M-PESA, Airtel Money, or T-Kash).
5. Confirm Loan Details: Confirm the loan details by typing 1 if you agree and press send.
6. Receive Loan: You will receive an SMS confirming the loan amount disbursed to your account.

How to Apply for Hustlers Fund via Mobile App

If you prefer using the mobile app, follow these steps:

1. Open the App: Launch the Hustlers Fund app on your phone.
2. Select Loan Request: Choose the loan request option and view your loan limit, interest, and tenure.
3. Enter Loan Amount: Enter the loan amount you wish to borrow and press OK.
4. Confirm Details: Confirm the loan details and proceed by entering your mobile money PIN.
5. Receive SMS Notification: You’ll receive an SMS confirming your loan allocation.

Hustlers Fund Application Requirements

To be eligible for the Hustlers Fund, you must meet the following requirements:

1. Kenyan Citizen: You must be a Kenyan citizen aged 18 years and above.
2. Valid National ID: You must have a valid national ID number.
3. Registered Mobile Number: Your mobile number must be registered with a recognized mobile network, either Safaricom, Airtel, or Telkom.
4. Active Mobile Money Account: Your mobile money account (M-PESA, Airtel Money, or T-Kash) must be active for at least 90 days.
5. Proof of Residence: You must provide details of where you live.

Hustlers Fund Repayment Process

The repayment period for the Hustlers Fund is 14 days from the date of loan disbursement. To repay:

1. Dial the USSD code: Dial *254# and select repayment options.
2. Enter Amount: Enter the amount you wish to repay.
3. Enter Mobile Money PIN: Confirm the repayment by entering your mobile money PIN.

Important Notes:

• Repayment on time: If you repay your loan on time, you may be eligible for a higher loan limit for future applications.
• Late Repayment: If you fail to repay the loan within the 14-day period, you’ll incur penalties, and your credit rating will be affected.

Frequently Asked Questions (FAQs)

1. What is the Hustlers Fund loan limit?

The loan limit ranges from Ksh. 500 to Ksh. 50,000 depending on your eligibility and repayment history.

2. What is the interest rate on the Hustlers Fund?

The interest rate is 0.02% per day, which amounts to 8% annually.

3. What happens if I fail to repay the loan?

Failure to repay within 14 days will lead to penalties and negatively affect your credit score. After 30 days of default, your account will be frozen.

4. What happens if I repay the loan on time?

If you repay the loan on time, your loan limit will be increased, and you will maintain a positive credit score for future loans.

Conclusion: How to Apply for Hustlers Fund in Kenya

The Hustlers Fund provides a valuable opportunity for small businesses, the youth, and vulnerable groups in Kenya to access affordable loans for their needs. By following the USSD or mobile app methods outlined in this guide, you can easily register and apply for a loan.

Be sure to meet the eligibility requirements and repay your loan on time to continue benefiting from the fund. Good luck as you take the next steps towards financial empowerment!