The Hustler Fund will be launched this December, paving the way for cheaper credit to small enterprises.
Kenya President Williams Ruto said this was the Government’s plan to spur entrepreneurship.
He spoke on Sunday during an interdenominational church service at the Green Stadium in Kericho County.
He said the Fund will save millions of Kenyans from predatory lenders, create more jobs and drive economic growth.
Dr Ruto noted that he was focussed on taking Kenya back to the path of prosperity.
He vowed to deliver solutions to the ordinary people’s problems such as hunger and insecurity.
The disbandment of the Special Service Unit that was engaging in extrajudicial killings, the President explained, was part of the measures to ensuring Kenya is secure.
