The Hustler Fund Bridge Loan is a financial product introduced by the Kenyan government to support individuals who have demonstrated consistent and responsible borrowing behavior through the Hustler Fund. Launched in December 2024 during the fund’s second anniversary, the Bridge Loan aims to provide enhanced credit options to borrowers with strong credit scores.
What is a Bridge Loan Under the Hustler Fund?
The Bridge Loan is a short-term microcredit product under the Hustler Fund, targeted at individuals who have proven a good track record for timely payments of their Hustler Fund Loans. The main aim for bridge loan is to encourage responsible borrowing and improve savings among Kenyans.
How to Apply for a Bridge Loan
Applying for a Hustler Fund Bridge Loan is easy and convenient via mobile platforms. Here’s how:
Via USSD Code
- Dial
*254#on your mobile phone. - Select “Hustler Fund” from the menu.
- Choose the “Bridge Loan” option.
- Follow the prompts to:
- Confirm your personal details.
- Accept the loan terms and conditions.
- Enter your preferred loan amount (within the eligible limit).
- Upon approval, funds are disbursed directly to your mobile money wallet (M-Pesa, Airtel Money, or T-Kash).
Via Mobile App
If using a bank or telco partner app (e.g., M-Pesa App or Airtel App):
- Open the app.
- Navigate to the Hustler Fund section.
- Choose Bridge Loan.
- Follow the prompts as above.
Requirements for a Bridge Loan
To qualify for the Hustler Fund Bridge Loan, you must meet the following criteria:
| Requirement | Details |
|---|---|
| Age | 18 years and above |
| Nationality | Kenyan citizen with a valid national ID (ID number required) |
| Mobile Phone Line | Active Safaricom, Airtel, or Telkom line for at least 90 days |
| Mobile Wallet | Registered M-Pesa, Airtel Money, or T-Kash account |
| CRB Status | Not negatively listed |
| Registration | Must be registered on the Hustler Fund platform |
Loan Limits and Interest Rates For Bridge loans
The Bridge Loan offers micro-credit with small limits and a short repayment term.
| Parameter | Details |
|---|---|
| Loan Amount | KSh 500 – KSh 150,000 |
| Interest Rate | 8% per annum (pro-rated daily) |
| Loan Term | 30 days |
| Disbursement | 95% sent to your mobile wallet; 5% to savings |
| Savings Split | 30% long-term, 70% short-term savings |
Comparison of Hustler Fund Loan Products
Here’s a table comparing the different Hustler Fund loan products, including the Bridge Loan:
| Loan Product | Target Audience | Loan Limits | Interest Rate | Repayment Term | Collateral |
|---|---|---|---|---|---|
| Bridge Loan | Individuals | KSh 500 – 150,000 | 8% p.a. | 30 days | None |
| Personal Loan | Salaried & individuals | KSh 100 – 50,000 | 8% p.a. | 14 – 30 days | None |
| Group Loan | Registered groups/SACCOs | KSh 10,000 – 1 million | 7% p.a. | 90 – 365 days | Group Guarantee |
| SME Loan (Coming) | SMEs and startups | KSh 100,000+ | TBD | TBD | TBD |
Similarities Across Products
- No collateral required.
- Interest rates are pro-rated and competitive.
- Savings component included in disbursement.
- Mobile-based access and management.
- Inclusive financial design targeting underserved Kenyans.
How to Repay the Bridge Loan
Repaying the Bridge Loan is straightforward and done via mobile money.
Repayment Options
- USSD
- Dial
*254# - Select “Repay Loan”
- Enter the amount you wish to repay (partial or full)
- Confirm the transaction via your mobile money PIN
- Dial
- Mobile App
- Open your M-Pesa or Airtel app
- Navigate to Hustler Fund → Repay Loan
- Choose amount and confirm
Important Notes
- Repayment before the due date improves your credit score and increases your loan limit.
- Failure to repay within 14 days will result in:
- Temporary suspension from further loans.
- Negative scoring in the Hustler Fund system (not CRB listing).
- Loan restructuring option offered after 30 days.
Customer Support for Hustler Fund Loans
If you need help with your Hustler Fund Bridge Loan or other services, here are the support options:
Official Channels
| Support Type | Contact Details |
|---|---|
| Toll-Free Call Center | 0800 721 047 |
| info@hustlerfund.go.ke | |
| Website | www.hustlerfund.go.ke |
| Social Media | Twitter, Facebook: @HustlerFund |
In-App Support
If using a mobile app like M-Pesa, Airtel Money, or Telkom app, you can access Hustler Fund support via:
- Help section
- Live chat or FAQ
Conclusion
The Bridge Loan under the Hustler Fund is a powerful tool for low-income Kenyans and informal sector workers to access emergency funds without the bureaucratic hurdles of traditional banking. With its quick application process, low-interest rates, and integrated savings feature, it promotes not just access to credit but also a major tool for economic stimulus