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

“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
    @johnbrown323515 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
    @bobochieng802614 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
    @danbredan556615 күн бұрын

    My ears are hurting right now. Ruto must Go.

  • @josephmutuku7616
    @josephmutuku761615 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
    @kithmm0115 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
    @bryannjuguna577514 күн бұрын

    Man, this dude is not fit to hold this office. What a shame!

  • @b-tecq8749
    @b-tecq874915 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
    @PatrickMuringo15 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
    @mercyserem182112 күн бұрын

    "The atmosphere is full of Hot Air " making this dude uncomfortable to arrange his own Elemental codes 😂😂😂😂

  • @dancanonyango6000
    @dancanonyango600015 күн бұрын

    Exhibiting limited knowledge in public

  • @ConfusedDahliaFlower-gz9fk
    @ConfusedDahliaFlower-gz9fk15 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

    14 күн бұрын

    So sad indeed

  • @Carolyne8
    @Carolyne814 күн бұрын

    This is an extremely sad conversation.

  • @GEGEN-PRESSING
    @GEGEN-PRESSING14 күн бұрын

    70% repayment rate is a lie🤣🤣🤣🤣

  • @johnluther106
    @johnluther10615 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
    @smkariuki15 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
    @vikik787714 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
    @geo646015 күн бұрын

    That's how you lose tax payers money....by being lazy recovering tax payers money

  • @kamahuha
    @kamahuha14 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
    @conradowiny65415 күн бұрын

    Very Incompetent CS

  • @mrleonard7542
    @mrleonard754214 күн бұрын

    Are the funds from tax payers money. Govt shylocking with our taxes...

  • @masonkoful
    @masonkoful14 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
    @mrmuranga14 күн бұрын

    well researched and laid out Yvonne

  • @user-eg2rf4jg5l
    @user-eg2rf4jg5l14 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
    @nicholasmuli205615 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
    @williamoriku19215 күн бұрын

    uuuuhi gaki gaki Ruto ako shida kaa huyu ndie antegemea😢

  • @daveken6615
    @daveken661513 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-PRESSING14 күн бұрын

    100% of the youths do not repay

  • @mikecom

    @mikecom

    14 күн бұрын

    500

  • @bosirekenyatta1248
    @bosirekenyatta124815 күн бұрын

    Borrow money give irresponsible people or steal it yourselves then mske us pay for the mess its painful.

  • @usa7530
    @usa753015 күн бұрын

    Why interview a thiefe,??mwizi,mwizi hao

  • @virginianjeri1428
    @virginianjeri142814 күн бұрын

    same questions, same answers, waste of time

  • @millicentndungu2593
    @millicentndungu259315 күн бұрын

    But pls give him time to answer you r very fast,the hustler fund is helping us alot

  • @Dollarzonne
    @Dollarzonne14 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
    @balikuddemberaymond865315 күн бұрын

    Looks like these kind of projects are to entice voters

  • @johnnjuguna3576
    @johnnjuguna357614 күн бұрын

    The bull shit meter is dysfunctional already 😂..

  • @annnzioka4519
    @annnzioka451914 күн бұрын

    Minister of what again? He cannot even answer a simple question….

  • @tituskips
    @tituskips13 күн бұрын

    The best interview I have ever ❤️ and follow...😂😂😂

  • @margaretmuthee2985
    @margaretmuthee298510 күн бұрын

    Does hustler fund still exist?because it keeps telling me to try after 30 minutes

  • @veronkelly6337
    @veronkelly633714 күн бұрын

    I just wonder how he got in that office. Man go back to school

  • @stanleykimani7328
    @stanleykimani732814 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
    @mwatelaedward163814 күн бұрын

    Too hard to explain 😂

  • @Webob-ey4fl
    @Webob-ey4fl11 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
    @rodgersmwambodze107814 күн бұрын

    I missed this but have a qtn what's the definition of retirement as per the Husler fund

  • @charlesouko4253
    @charlesouko425315 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-of9uz12 күн бұрын

    The limits never increase!!!

  • @tysonmatunda5888
    @tysonmatunda588815 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
    @adamjin77714 күн бұрын

    This hustler fund also turned out to be a scam

  • @samuelkimani1913
    @samuelkimani191314 күн бұрын

    Tax payers money can be used any how.

  • @tropicalservices
    @tropicalservices15 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
    @OsungaOkello10 күн бұрын

    This means that some rich people in the background are taking this money, and are not paying back.

  • @Hannah-jk3dk
    @Hannah-jk3dk10 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
    @lexkweli558313 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
    @dorismugwika392214 күн бұрын

    How can the CS classify the hustler fund borrowings as term loans.

  • @Leleikjl
    @Leleikjl15 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
    @charlesouko425315 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
    @JamesGichogo10 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
    @Mykieopar14 күн бұрын

    😂😂😂😂😂😂😂😂WOI WOI WOI... HIO CHAPA IKO MITINI MAJAMAA

  • @usa7530
    @usa753015 күн бұрын

    Theft, theft by Ruto people 😂

  • @paulsiro1775
    @paulsiro177514 күн бұрын

    Ruto isn't the only problem,the incompetence is thorough in his administration.

  • @DanNiel254
    @DanNiel25415 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
    @tituskips13 күн бұрын

    Waziri is so keen not to profile any quarter , 😂😂🎉🎉

  • @suzzydaniel7847
    @suzzydaniel784713 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
    @dorismugwika392214 күн бұрын

    How much interest has the portfolio generated over the period.

  • @kennedymuchoki5208

    @kennedymuchoki5208

    13 күн бұрын

    In short they don't figures 😢

  • @mathewkimosop1736
    @mathewkimosop173614 күн бұрын

    foolish Government

  • @saopaulowanjoz2405
    @saopaulowanjoz240515 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
    @tituskips13 күн бұрын

    Good conversation btw two notorious individuals

  • @matts6894
    @matts689413 күн бұрын

    Gow do we get CS in Kenya 🇰🇪?

  • @MitchellErmina
    @MitchellErmina14 күн бұрын

    Na kwani mbapatia watu 500 mara 8000 sasa hii inasaidia nini huwezi fanya nayo ata biashara

  • @isaacochola1389
    @isaacochola138914 күн бұрын

    kumbe they have all along meant ASSlers and not hustlers :(

  • @BrianLukorito
    @BrianLukorito14 күн бұрын

    CS just resign and go home; you have no idea what you are talking about.

  • @tituskips
    @tituskips13 күн бұрын

    I do understand the two of them...I hope they were not under influence of some substances

  • @RassieKariuki
    @RassieKariuki15 күн бұрын

    We’ll explained. Yvonne has some of her facts way off as well.

  • @dorismugwika3922
    @dorismugwika392214 күн бұрын

    Beats the importance of Credit Information Sharing

  • @dorismugwika3922
    @dorismugwika392214 күн бұрын

    Lenders should be able to see hustlers borrowings in the CRB report

  • @TheAfricanContractor
    @TheAfricanContractor13 күн бұрын

    NPLs for Digital Loans are over 20%. Yvonne should be aware of that!! She didn't do her homework!

  • @androidtv4286
    @androidtv428615 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
    @ralph83912 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
    @jamesnganga141814 күн бұрын

    Thieves and lies of all the time

  • @Roco-73
    @Roco-7310 күн бұрын

    Go young lady....you got to love a smart woman!!❤

  • @petersonnyoro459
    @petersonnyoro45914 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
    @shadracknyala551514 күн бұрын

    The best product for Hustlers!

  • @Roco-73
    @Roco-7310 күн бұрын

    Game!!! Plain and simple!!!!

  • @MitchellErmina
    @MitchellErmina14 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
    @MrCurtis195914 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
    @wilbaforcethetruckerbill628114 күн бұрын

    These are pipo ruto should fire miss okwara know more than this guy

  • @rachaelkainda-kl6xo
    @rachaelkainda-kl6xo13 күн бұрын

    Hustler fund is good .Rich men and women will never understand what is Hustler fund

  • @nancythuku3458
    @nancythuku345815 күн бұрын

    Has no clue what he's saying

  • @StephenMumbwani
    @StephenMumbwani14 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
    @concept25414 күн бұрын

    These man is clueless

  • @kevohmistari
    @kevohmistari14 күн бұрын

    Corruption, corruption, corruption!

  • @rachaelkainda-kl6xo
    @rachaelkainda-kl6xo13 күн бұрын

    Hustler fund has really helped to boost our small businesses

  • @EphraimMuriuki-ei4fv
    @EphraimMuriuki-ei4fv14 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
    @jmstar886014 күн бұрын

    Kwani hustler fund hamuamini tuliwaosha😂

  • @nelsonjuma8768
    @nelsonjuma876814 күн бұрын

    OKWARA IS MAKING THIS CS LOOK LIKE A FOOL

  • @ShamaWrites
    @ShamaWrites14 күн бұрын

    'This fellow' though...

  • @lorenzomyers216
    @lorenzomyers21613 күн бұрын

    The name of the fund said it all. it's a hustle fund. So what you expect?

  • @user-fr2zs5wm5j
    @user-fr2zs5wm5j9 күн бұрын

    What about our savings

  • @simonalexnjeruwambui4995
    @simonalexnjeruwambui499514 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
    @chibabydaniel14 күн бұрын

    E-citizen!!! They want to looth more from a common mwananchi. 😢😢

  • @elizabethmurugi2154
    @elizabethmurugi215414 күн бұрын

    Where does the government get this hustler grant fund from? From Taxpayers money!!!! it is a simple answer