The Explainer | Hustler Fund: What’s going on?

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Citizen TV Kenya

Citizen TV Kenya

17 күн бұрын

“We are only 18 months; we haven’t reached there…” Cabinet Secretary Simon Chelugui at pains to explain why the Credit Reference Bureau (CRB) doesn’t have access to Hustler Fund data and information

Пікірлер: 195
@johnbrown3235
@johnbrown3235 15 күн бұрын
it was designed to be looted by exaggerating the rate of defaulting, claiming it was way higher than it actually was and pocketing the funds then blaming the hustlers for bad debts.
@bobochieng8026
@bobochieng8026 14 күн бұрын
Waziri needs to go back to school. Cannot respond to simple questions. How do these people get these jobs??? Disgusting.
@muriithimugambi6072
@muriithimugambi6072 14 күн бұрын
I think the opposite. Question has been asked, answered, and reasked again. Causing a loop of simple concept that we understood when answered the first time.
@hamesmbok8653
@hamesmbok8653 13 күн бұрын
❤,​@@muriithimugambi6072
@GgBrooke
@GgBrooke 13 күн бұрын
I wouldn't let this guy watch my mango stand for an afternoon - he inspires zer0 confidence .... zero!
@Hannah-jk3dk
@Hannah-jk3dk 10 күн бұрын
I feel he has answered and this fund is for the have nots. Thank you to this calm man and this is what the Genz wanted
@Stephen12.
@Stephen12. 14 күн бұрын
The money was deliberately put aside for these crooks to eat.
@danbredan5566
@danbredan5566 15 күн бұрын
My ears are hurting right now. Ruto must Go.
@josephmutuku7616
@josephmutuku7616 15 күн бұрын
This like NYS scandal corruption.
@mercyyoutubecheptoo9144
@mercyyoutubecheptoo9144 15 күн бұрын
Stop lying to people that the guys are from the village. The crb doesnt care about that. So long ás you are taking some money loan and its a credit lender. You should build your credit.This is a total failure in the system alot of money in this hustler fund. This is tax payers money how can he not get that
@kithmm01
@kithmm01 15 күн бұрын
Watching this is so painful, the "CS" has no clue what he's talking about! This is why the govt is non-performing. Ruto must GO!!!!!
@annetmutoko114
@annetmutoko114 15 күн бұрын
Kumbe umeona
@mercyyoutubecheptoo9144
@mercyyoutubecheptoo9144 15 күн бұрын
​@@annetmutoko114 so sad to watch and hear.
@mercyyoutubecheptoo9144
@mercyyoutubecheptoo9144 15 күн бұрын
So sad he is talking about hustlers fund the original meaning. Sad sad
@petermbugua1620
@petermbugua1620 15 күн бұрын
Sad and you will still find complimentary comments.. ngai baba we are doomed 😮
@kipsmada
@kipsmada 15 күн бұрын
You must go yourself
@bryannjuguna5775
@bryannjuguna5775 14 күн бұрын
Man, this dude is not fit to hold this office. What a shame!
@b-tecq8749
@b-tecq8749 15 күн бұрын
Incompetence of the highest level. Is this a mediocre country really? You mean there exists no competent Kenyan to hold this office?
@mercyyoutubecheptoo9144
@mercyyoutubecheptoo9144 14 күн бұрын
Kimeturamba
@PatrickMuringo
@PatrickMuringo 15 күн бұрын
How and when will hustlers access their long-term savings since the procedure is not available on the platform like the short-term savings......??
@mercyserem1821
@mercyserem1821 12 күн бұрын
"The atmosphere is full of Hot Air " making this dude uncomfortable to arrange his own Elemental codes 😂😂😂😂
@dancanonyango6000
@dancanonyango6000 15 күн бұрын
Exhibiting limited knowledge in public
@ConfusedDahliaFlower-gz9fk
@ConfusedDahliaFlower-gz9fk 15 күн бұрын
Thanks Jackie for representing us. Really are this the Cs we have??? He doesn't have any information about hustler funds
@mercyyoutubecheptoo9144
@mercyyoutubecheptoo9144 15 күн бұрын
So sad indeed
@Carolyne8
@Carolyne8 14 күн бұрын
This is an extremely sad conversation.
@GEGEN-PRESSING
@GEGEN-PRESSING 14 күн бұрын
70% repayment rate is a lie🤣🤣🤣🤣
@johnluther106
@johnluther106 15 күн бұрын
I own a credit company in kenya. The default rate is not 1%. Please check your facts. It's about 15% for solid banks. According to survey of 2022, digital borrower default at rate of 46.3 to 50.9% The most important question is that how much profit has the fund recorded. Clearly they have achieved a milestone given such a short time
@wakawaka5131
@wakawaka5131 15 күн бұрын
...i don't know much about finance but a 1% default rate sounds like a bank/credit company's dream market.....which as has just been demonstrated by the recent Moodys credit downgrade , ain't Kenya.
@samuelmwangi3977
@samuelmwangi3977 15 күн бұрын
My thinking too. In the US the small business administration (SBA) lends for as little as 3% which is way below what the banks charge. Much as I think it's good to be hard on the guy I think it's equally good to acknowledge where things are working. Hustler fund money can change things if the public learn to use it properly. It also injects money into circulation which is what drives the economy.
@vikik7877
@vikik7877 14 күн бұрын
​@samuelmwangi3977 In the US this makes sense. For a country that has such a high burden of debt and corruption such as Kenya it can't work. I know several people who've told me they took 500ksh loans and will not pay back. Imagine what that money could do in terms of medicine, education which are more of a priority?
@smkariuki
@smkariuki 15 күн бұрын
Yvonne asking and answering her own questions 😂
@ralph839
@ralph839 12 күн бұрын
She came to the interview with an agenda. That is really totally unacceptable.
@vikik7877
@vikik7877 14 күн бұрын
I didnt even know the hustler fund was tax payers money 😪😪 Thank you Yvonne. Its disgusting to hear how my hard earned money is being eaten by MPigs.
@njeriratliff5918
@njeriratliff5918 13 күн бұрын
Our taxes has been mishandled badly by foolswho dont care about our country. Its all about them😢😢😢
@njeriratliff5918
@njeriratliff5918 13 күн бұрын
Our taxes has been mishandled badly by foolswho dont care about our country. Its all about them😢😢😢
@user-xt4we5sq9s
@user-xt4we5sq9s 12 күн бұрын
I think they are all devil's worshipers shidwe mufululizo....
@geo6460
@geo6460 15 күн бұрын
That's how you lose tax payers money....by being lazy recovering tax payers money
@kamahuha
@kamahuha 14 күн бұрын
Theres an old adage, "show me a mans friends and ill tell you what their character is." The fact that Ruto has surrounded himself with incompetent thieves is all i need to know about him.
@cutandgo
@cutandgo 11 күн бұрын
Mbadi said that he wanted incompetent skunks in order to run government all by himself. These were just flower girls and boys masquerading as CSs.
@conradowiny654
@conradowiny654 15 күн бұрын
Very Incompetent CS
@mrleonard7542
@mrleonard7542 14 күн бұрын
Are the funds from tax payers money. Govt shylocking with our taxes...
@masonkoful
@masonkoful 14 күн бұрын
Kenyan Banks provisions for bad loans reached 14% in 2024 meaning default rate is even higher. Digital lending Apps is as high as 40%. The 1% is only for Fuliza
@mrmuranga
@mrmuranga 14 күн бұрын
well researched and laid out Yvonne
@user-eg2rf4jg5l
@user-eg2rf4jg5l 15 күн бұрын
500 bob can't even buy breakfast, this government is a joke
@petersonnyoro459
@petersonnyoro459 14 күн бұрын
Don’t borrow?For us we at 20,000ksh borrowing
@maikogitonga2463
@maikogitonga2463 14 күн бұрын
Started at 500, now am at 3600
@nicholasmuli2056
@nicholasmuli2056 15 күн бұрын
Wrong person asking "some questions ". Get jimmy waking to ask this man questions. Let's pray for Afrika
@Goch46
@Goch46 15 күн бұрын
Exactly what i thought. Doesn’t know how to ask question. Bring a panel of 2 and let them demolish this pyramid scheme
@williamoriku192
@williamoriku192 15 күн бұрын
uuuuhi gaki gaki Ruto ako shida kaa huyu ndie antegemea😢
@daveken6615
@daveken6615 13 күн бұрын
What were the qualifications for this guy to get this position . Does he know what he's talking about at all. Yvonne, excellent question to a person who has no idea and can't even seem to comprehend what you are asking. This is sad😢
@GEGEN-PRESSING
@GEGEN-PRESSING 14 күн бұрын
100% of the youths do not repay
@mikecom
@mikecom 14 күн бұрын
500
@bosirekenyatta1248
@bosirekenyatta1248 15 күн бұрын
Borrow money give irresponsible people or steal it yourselves then mske us pay for the mess its painful.
@usa7530
@usa7530 15 күн бұрын
Why interview a thiefe,??mwizi,mwizi hao
@virginianjeri1428
@virginianjeri1428 14 күн бұрын
same questions, same answers, waste of time
@millicentndungu2593
@millicentndungu2593 15 күн бұрын
But pls give him time to answer you r very fast,the hustler fund is helping us alot
@Dollarzonne
@Dollarzonne 14 күн бұрын
Wait a minute this is a Cabinet Secretary? CS for what........ Hustler Fund??????? Never heard of him😂😂😂😂😂😂
@joelongayo6283
@joelongayo6283 14 күн бұрын
Can someone explain which ministry this man is Cs for.
@ryankoech
@ryankoech 14 күн бұрын
​@@joelongayo6283I think CS for cooperative and SME'S
@sallywangari3180
@sallywangari3180 14 күн бұрын
CS for cooperatives and micro/small scale enterprises
@balikuddemberaymond8653
@balikuddemberaymond8653 15 күн бұрын
Looks like these kind of projects are to entice voters
@johnnjuguna3576
@johnnjuguna3576 14 күн бұрын
The bull shit meter is dysfunctional already 😂..
@annnzioka4519
@annnzioka4519 14 күн бұрын
Minister of what again? He cannot even answer a simple question….
@tituskips
@tituskips 13 күн бұрын
The best interview I have ever ❤️ and follow...😂😂😂
@margaretmuthee2985
@margaretmuthee2985 10 күн бұрын
Does hustler fund still exist?because it keeps telling me to try after 30 minutes
@veronkelly6337
@veronkelly6337 14 күн бұрын
I just wonder how he got in that office. Man go back to school
@stanleykimani7328
@stanleykimani7328 14 күн бұрын
Remember this fund was issued the 1st month after taking over the government, remember well,they found "empty' coffers and still went ahead to offer over 3b loans?
@mwatelaedward1638
@mwatelaedward1638 14 күн бұрын
Too hard to explain 😂
@Webob-ey4fl
@Webob-ey4fl 11 күн бұрын
Very good in asking questions about hustler fund but when it comes to asking questions on extra judicial killings that's where they draw the line.
@rodgersmwambodze1078
@rodgersmwambodze1078 14 күн бұрын
I missed this but have a qtn what's the definition of retirement as per the Husler fund
@charlesouko4253
@charlesouko4253 15 күн бұрын
Chelugui, another in the long line of Kalejingas!!
@msavomsa4341
@msavomsa4341 14 күн бұрын
You are tribal
@SamuelWangunyu-gv1gd
@SamuelWangunyu-gv1gd 13 күн бұрын
​@@msavomsa4341 Not tribal that's the truth why kelenjins you mean there are no other people from other tribes that qualify for that position??
@FlorenceKanjiru-of9uz
@FlorenceKanjiru-of9uz 12 күн бұрын
The limits never increase!!!
@tysonmatunda5888
@tysonmatunda5888 15 күн бұрын
In my opinion the CS was ill informed or not sure about this concept of Hustler Fund. Throughout the conversation he was not clear and elaborate. He was continually cornered and couldn't explain himself out of the precarious situation. In fact the more he tried to explain the more he counterattacked himself. I guess he was not sure about what he was talking about.
@adamjin777
@adamjin777 14 күн бұрын
This hustler fund also turned out to be a scam
@samuelkimani1913
@samuelkimani1913 14 күн бұрын
Tax payers money can be used any how.
@tropicalservices
@tropicalservices 15 күн бұрын
Who can make a summary of what this gentleman is trying to say? Maybe in max two words. I only heard something has gone Rock😳😭😭😭. Who is he in the first place?
@OsungaOkello
@OsungaOkello 10 күн бұрын
This means that some rich people in the background are taking this money, and are not paying back.
@Hannah-jk3dk
@Hannah-jk3dk 10 күн бұрын
This is why Kenya us an example in Africa. The way the CS us answering is great. This is what the Genz wanted to assimilate those that are not included. He is also so calm because the interviewer also was trying to pull him down. To the interviewer she is a real competent and knows her data kudos to her. These are the genzs we want. Competence and forcefulness. The Genz should be happy with the CS and government. The CS has repeated over and over low rates for have nots
@lexkweli5583
@lexkweli5583 13 күн бұрын
A Scheme to Defraud Tax Payer we saw it coming From the Beginning. It’s a shame Stealing from the lowest people in our society who need help the Most. Nchi ya Kitu Kidogo 😢😢
@dorismugwika3922
@dorismugwika3922 14 күн бұрын
How can the CS classify the hustler fund borrowings as term loans.
@Leleikjl
@Leleikjl 15 күн бұрын
Say out of 12b you are expecting say 3b in say 14 days 4 B in 30 days etc by breaking it that way the bad loan will come down to say less than 30%
@charlesouko4253
@charlesouko4253 15 күн бұрын
Am glad he is Rutos Minister and not Kenya's.
@mercyyoutubecheptoo9144
@mercyyoutubecheptoo9144 14 күн бұрын
Thats why they should elect Leaders who can deliver but not based on whom they voted
@JamesGichogo
@JamesGichogo 10 күн бұрын
Can someone encourage President Ruto to watch this interview so that he can be more careful when selecting the next cabinet ministers... This is very painful to watch...
@Mykieopar
@Mykieopar 14 күн бұрын
😂😂😂😂😂😂😂😂WOI WOI WOI... HIO CHAPA IKO MITINI MAJAMAA
@usa7530
@usa7530 15 күн бұрын
Theft, theft by Ruto people 😂
@paulsiro1775
@paulsiro1775 14 күн бұрын
Ruto isn't the only problem,the incompetence is thorough in his administration.
@DanNiel254
@DanNiel254 15 күн бұрын
Listening at minute 18 and Evon(spl) still pushing soo hard on a very useless question while theres soo much to ask!!!!.... What she trying to get out with CRB listing and records????
@georgek685
@georgek685 9 күн бұрын
This is part of the big picture, seriously?
@tituskips
@tituskips 13 күн бұрын
Waziri is so keen not to profile any quarter , 😂😂🎉🎉
@suzzydaniel7847
@suzzydaniel7847 13 күн бұрын
This guy is a joke and should be arrested,he is saying that Kenyans money it's like a personal project of selling water .This proves that Kenyans money is personal 😢😢😮
@dorismugwika3922
@dorismugwika3922 14 күн бұрын
How much interest has the portfolio generated over the period.
@kennedymuchoki5208
@kennedymuchoki5208 13 күн бұрын
In short they don't figures 😢
@mathewkimosop1736
@mathewkimosop1736 14 күн бұрын
foolish Government
@saopaulowanjoz2405
@saopaulowanjoz2405 15 күн бұрын
Very sad this guy has no ideal of what he is talking about essentially it shows no frame work of what it is seems like hot air
@tituskips
@tituskips 13 күн бұрын
Good conversation btw two notorious individuals
@matts6894
@matts6894 13 күн бұрын
Gow do we get CS in Kenya 🇰🇪?
@MitchellErmina
@MitchellErmina 14 күн бұрын
Na kwani mbapatia watu 500 mara 8000 sasa hii inasaidia nini huwezi fanya nayo ata biashara
@isaacochola1389
@isaacochola1389 14 күн бұрын
kumbe they have all along meant ASSlers and not hustlers :(
@BrianLukorito
@BrianLukorito 14 күн бұрын
CS just resign and go home; you have no idea what you are talking about.
@tituskips
@tituskips 13 күн бұрын
I do understand the two of them...I hope they were not under influence of some substances
@RassieKariuki
@RassieKariuki 15 күн бұрын
We’ll explained. Yvonne has some of her facts way off as well.
@dorismugwika3922
@dorismugwika3922 14 күн бұрын
Beats the importance of Credit Information Sharing
@dorismugwika3922
@dorismugwika3922 14 күн бұрын
Lenders should be able to see hustlers borrowings in the CRB report
@TheAfricanContractor
@TheAfricanContractor 13 күн бұрын
NPLs for Digital Loans are over 20%. Yvonne should be aware of that!! She didn't do her homework!
@androidtv4286
@androidtv4286 15 күн бұрын
Why waste time interviewing such? Please invite the likes of Omtata & Sifuna to plot the way forward after the inevitable downfall of this spectacularly self sabotaging govt!
@msavomsa4341
@msavomsa4341 14 күн бұрын
Is it because of he's name???
@ralph839
@ralph839 12 күн бұрын
I would walk out of that interview if I was waziri. Yvonne is extremely biased. She should ask without prejudice. That is a war zone!
@jamesnganga1418
@jamesnganga1418 14 күн бұрын
Thieves and lies of all the time
@Roco-73
@Roco-73 11 күн бұрын
Go young lady....you got to love a smart woman!!❤
@petersonnyoro459
@petersonnyoro459 14 күн бұрын
Vyonne at times u need to wait for anyone to answer yr Question.I saw this is a problem with few citizen anchors.They lack decorum?U ask a guy give someone time to answer without interrupting
@shadracknyala5515
@shadracknyala5515 14 күн бұрын
The best product for Hustlers!
@Roco-73
@Roco-73 11 күн бұрын
Game!!! Plain and simple!!!!
@MitchellErmina
@MitchellErmina 14 күн бұрын
Sasa mnachekesha mnafunga makampuni mnapeana pesa mnatarajia watu walipe vipi wakati hakuna pesa alafu pesa zenyewe unarudisha na siku kumi na 14 ata kaa biashara gani hiyo wacha zako
@MrCurtis1959
@MrCurtis1959 14 күн бұрын
Where were this journalists when the predatory lending was going on? Now she is punching holes on the Hustler fund!
@javanomondi1247
@javanomondi1247 14 күн бұрын
This is tax payers money......private lenders are private and not answerable to public...do your research
@matts6894
@matts6894 13 күн бұрын
They talked about it. Some Kenyans went to court
@matts6894
@matts6894 13 күн бұрын
She asked very simple questions. Either he doesn't know what he is saying or he is simply dump
@wilbaforcethetruckerbill6281
@wilbaforcethetruckerbill6281 14 күн бұрын
These are pipo ruto should fire miss okwara know more than this guy
@rachaelkainda-kl6xo
@rachaelkainda-kl6xo 13 күн бұрын
Hustler fund is good .Rich men and women will never understand what is Hustler fund
@nancythuku3458
@nancythuku3458 15 күн бұрын
Has no clue what he's saying
@StephenMumbwani
@StephenMumbwani 15 күн бұрын
the CS seem not to be prepared for the interviw but more of concern to me I see a witch hunt by Ivon!
@rickykimanzi
@rickykimanzi 14 күн бұрын
Not being able to answer basic questions is not a witchhunt
@concept254
@concept254 14 күн бұрын
These man is clueless
@kevohmistari
@kevohmistari 14 күн бұрын
Corruption, corruption, corruption!
@rachaelkainda-kl6xo
@rachaelkainda-kl6xo 13 күн бұрын
Hustler fund has really helped to boost our small businesses
@EphraimMuriuki-ei4fv
@EphraimMuriuki-ei4fv 14 күн бұрын
.......I love this young Lady...Waziri and Ruto should go home they don't know what they are doing...hustler fund backfired, pesa yetu ilipotea 2
@jmstar8860
@jmstar8860 14 күн бұрын
Kwani hustler fund hamuamini tuliwaosha😂
@nelsonjuma8768
@nelsonjuma8768 14 күн бұрын
OKWARA IS MAKING THIS CS LOOK LIKE A FOOL
@ShamaWrites
@ShamaWrites 14 күн бұрын
'This fellow' though...
@lorenzomyers216
@lorenzomyers216 13 күн бұрын
The name of the fund said it all. it's a hustle fund. So what you expect?
@user-fr2zs5wm5j
@user-fr2zs5wm5j 9 күн бұрын
What about our savings
@simonalexnjeruwambui4995
@simonalexnjeruwambui4995 14 күн бұрын
Ask the waziri what happened to the automatic fines using cameras .They would bring a lot of sanity on our roads and reduce corruption in the transport sector.
@chibabydaniel
@chibabydaniel 14 күн бұрын
E-citizen!!! They want to looth more from a common mwananchi. 😢😢
@elizabethmurugi2154
@elizabethmurugi2154 14 күн бұрын
Where does the government get this hustler grant fund from? From Taxpayers money!!!! it is a simple answer
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