DP Gachagua: Kenyans have borrowed KSh2.8b Hustler Fund, KSh124M repaid

for Tv47 Digital December 05, 2022, 12:56 PM
Gachagua on Hustler Fund
A file photo of Deputy President Rigathi Gachagua. He has slammed Azimio One Kenya leaders for "trash-talking" Hustler Fund. PHOTO/COURTESY

In Summary

  • Deputy President Rigathi Gachagua says 9 million Kenyans have registered for Hustler Fund.
  • He says that as of 5th December, 3.7 million Kenyans had borrowed KSh2.8 billion.
  • Also, he says that so far, Kenyans have repaid KSh124 million.

Deputy President Rigathi Gachagua says that the Kenya Kwanza government is now fully constituted, and that there is no excuse for not delivering to Kenyans.

Speaking on Monday, December 5 during a Kenya Kwanza National Assembly Legislative Conference at Windsor Hotel, Gachagua said that the conclusion of the vetting process and the subsequent swearing in of 51 Principal Secretaries last week meant that all is set for the new government to take off.

The second in command tasked the MPs to utilise the recess period between now and January 2023 to engage with teachers and boards of schools on how to construct a classroom and a laboratory in each primary school in their constituencies.

The government last week said that Junior Secondary will be domiciled in the existing primary schools as opposed to earlier plans with regards to the implementation of the Competency-Based Curriculum (CBC).

As a result, the government said that an additional classroom and a laboratory will be constructed in each primary school, with the construction of the two facilities given priority within the next one year.

"During your recess go and plan with teachers and boards on how to put up classrooms. CBC is not a bad thing but it was rushed. 86 percent of Kenyans spoke strongly on where junior secondary school should be domiciled. Agree on how to go about so that by the time the president comes he has your resolution...set timelines, use CDF," Gachagua urged the MPs.

Hustler fund

While calling upon the MPs to explain to their constituents how the newly-launched Hustler Fund works, Gachagua urged Kenyans to judiciously pay the loan for its sustainability.

"Be the ambassadors of the hustler fund, talk to people there is value in borrowing and repaying and counter the negative narrative propagated by Azimio leaders. 

According to Gachagua, 9 million Kenyans had as of Monday, December 5 morning registered under the kitty. He says that 3.7 million Kenyans have borrowed KSh2.8 billion while KSh124 million has already been repaid.

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