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{
    "id": 1371413,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1371413/?format=api",
    "text_counter": 84,
    "type": "speech",
    "speaker_name": "His Excellency the President",
    "speaker_title": "",
    "speaker": {
        "id": 168,
        "legal_name": "Uhuru Muigai Kenyatta",
        "slug": "uhuru-kenyatta"
    },
    "content": ". Consequently, many enterprises and entrepreneurs were referred for blacklisting by the Credit Reference Bureau (CRB), where 7 million borrowers were listed by last year. We committed to provide affordable and accessible credit and restore small business owners to good standing with credit rating agencies. A deliberate, targeted strategic financial inclusion fund: The Hustler Fund, providing affordable credit and mobilising savings for individuals and small businesses was launched on 30th November 2022. The public response to the Hustler Fund has exceeded most initial projections and surprised even the most hardened sceptics. By the end of last month, the Fund had disbursed Ksh36.6 billion, with Ksh2.3 billion in savings and 7.5 million repeat borrowers whose overall repayment rate is at an impressive 73 per cent. The top borrower of the fund has so far accessed a total Ksh4.5 million in 816 transactions, while the top voluntary saver is at Ksh631,491."
}