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State risks losing Sh7 billion loaned to 13 million hustlers

President William Ruto during the Hustler Fund launch in Nairobi, on November 30, 2022. [File, Standard]

The government is on the verge of losing Sh7 billion loaned to 13 million Kenyans under the Hustler Fund Programme.

It has emerged that the Sh7 billion was not insured and the government is yet to implement a full proof recovery mechanism to ensure that the funds are not lost through non-repayment.

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