‘Switching SIM Cards Won’t Save You’: Hustler Fund CEO Henry Tanui Explains Loan Recovery Strategy

Hustler Fund CEO Henry Tanui has stressed that the government plans to track down and recover loans issued under the program but will lean on borrower identification and public awareness rather than heavy-handed enforcement to get the job done. Tanui made it clear that the government will pursue recovery efforts for all borrowers, with the exception of those who have passed away. On the question of how the fund traces defaulters, Tanui explained that the facility is tied directly to a borrower’s national ID, not their SIM card, meaning switching phone numbers offers no escape route. “The young people who The post ‘Switching SIM Cards Won’t Save You’: Hustler Fund CEO Henry Tanui Explains Loan Recovery Strategy appeared first on Nairobi Wire.


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