Hustler Fund: My optimistic opinion

[Slim_fit]

Isn't 500 too small? OK. First, you need to come off from your palatial lifestyle that 50k+ a month salary can afford you in Kenya. Now that you've alighted and come down to the level of the average Kenyan who knows nothing about money market funds, government bonds, sacco savings, online work, and has no godfather to organize a job for them, let's look at this from the eyes of who it's really meant for. You wake up, nothing in your pocket, but a katululu in your hands. You dial *254#, and voila, you can access 400 bob instantly without kissing the asses of your well off relatives. You buy packets of sweets or peanuts for the entire amount and head to the streets. By 2pm, you have made your 180-200 shillings profit. You head back to the wholesaler and buy more, and by the end of day you have 400 bob without lifting fifty 10kg stones up 7 floors at a mjengo site which was not approved by the construction authority and may collapse on your way up the stairs. To top it, you have 10-20 bob savings that you 'can't' be tempted to spend anyhowly safely stashed in the Fund. This is a gamechanger for many kenyans. People poking holes in it know nothing about sleeping hungry for 2 days straight. Meanwhile pale githeri media for the next one week:

 

[sani]

Loan inafaa ipewe yule mwanabiashara analipa tax na ako na wafanyikazi wanalipa tax pia. Hapana pea watu idle pesa. Yote itakuwa imeenda kwa watu ya breweries kitambo io fund ifilisike.

 

[Lonely Lover]

You wake up, nothing in your pocket, but a katululu in your hands. You dial *254#, and voila, you can access 400 bob instantly without kissing the asses of your well off relatives. You buy packets of sweets or peanuts for the entire amount and head to the streets. By 2pm, you have made your 180-200 shillings profit. You head back to the wholesaler and buy more, and by the end of day you have 400 bob without lifting fifty 10kg stones up 7 floors at a mjengo site which was not approved by the construction authority and may collapse on your way up the stairs. To top it, you have 10-20 bob savings that you 'can't' be tempted to spend anyhowly safely stashed in the Fund. This is a gamechanger for many kenyans. People poking holes in it know nothing about sleeping hungry for 2 days straight.

Hapo umegonga nail on the head...itaokolea wananchi sana kwanza ease of acces na pricing...niko kwa fish landing site na mama samaki na fishermen real hutlers...wameshai changamkia wengi wanapata 500 na a few 1000.

Hio 1000 is a basin of omena bila heap above the brim of the basin (or a small heap depending on season, catch,fisherman)...dry that and sell in na 1000 imekua 1800-2000.

Ruto atagusa watu. Hongera kwake.

 

[Lonely Lover]

Loan inafaa ipewe yule mwanabiashara analipa tax na ako na wafanyikazi wanalipa tax pia. Hapana pea watu idle pesa. Yote itakuwa imeenda kwa watu ya breweries kitambo io fund ifilisike.

Indirect taxes ziko buda. January serikali inatoa subsidies za masomo (according to another thread) wacha hii loan ifanye watu wakue active uwizi ipungue kiasi.

Hii kitu itasaidia biashara reja reja juakali sana.

I agree im looking forward to default rates juu kuna watu wa kukopa kucheza jackpot but hapa tu kwa beach mashinani ime excite watu tena sana.

Na usisahau serikali inakupea na mkono moja inachukua na ingine...keep that in mind.

Nataka nione biashara hapa kwa lake...kiasi ni ingie sokoni nione mama mboga wanasemaje...halafu kesho niingie soko ya mifugo na butcher men nione maoni yao. Coz i can tell you hata hao butchermen hawajakua wakitengeza pesa the last 5 6 months watu hawana pesa za kununua healthy cows...zile za huko kwa ukame at 500 bob ziliwaokoa sana. Uchumi mbaya kama uko kwa ground unatembea...you can see it everywhere.

 

[Buckets]

You dial *254#, and voila, you can access 400 bob instantly without kissing the asses of your well off relatives. You buy packets of sweets or peanuts for the entire amount and head to the streets. By 2pm, you have made your 180-200 shillings profit.

Naively Extremely optimistic. Profit would be 50 - 100 and you'll be lucky to sell a third of it in a day.

 

[Ngimanene na matharo]

@Azor Ahai kuja useme without 20M savings monthly you're nothing

 

[magreb]

Kuna watu economics ikawatomba kwa matako usiku mzima hawawezi jua kesho take wakiamka kwa sababu hao ni mikundu firimbi. OP na wenzake I am talking about you guys. Anyone calling hustler fund revolutionary and a game changer is a direct beneficiary of bush schooling, is impervious to reason and logic and is useless the human race. What exactly is the hustler fund intending to cure?

 

[Ngimanene na matharo]

Loan inafaa ipewe yule mwanabiashara analipa tax na ako na wafanyikazi wanalipa tax pia. Hapana pea watu idle pesa. Yote itakuwa imeenda kwa watu ya breweries kitambo io fund ifilisike.

Kwanza niliona niko na loan limit kubwa kushinda jambass

 

[Ngimanene na matharo]

Kuna watu economics ikawatomba kwa matako usiku mzima hawawezi jua kesho take wakiamka kwa sababu hao ni mikundu firimbi. OP na wenzake I am talking about you guys. Anyone calling hustler fund revolutionary and a game changer is a direct beneficiary of bush schooling, is impervious to reason and logic and is useless the human race. What exactly is the hustler fund intending to cure?

Death to Tala

 

[Azor Ahai]

This issue is very complex because it is still unclear how the consumer will behave.

 

[Tom Bayeye]

Ksh 400,fare ni 200 total in some areas, sweets and njugu..... Anyway.
Hii fund ni ya watu ya eastlands and environs

 

[Ngimanene na matharo]

Ksh 400,fare ni 200 total in some areas, sweets and njugu..... Anyway.
Hii fund ni ya watu ya eastlands and environs

Fuliza pesa ya jambass ujianulie massing safi ya kunyoa vipara new shape

 

[Wanaruona]

Assumptions are the mother of all fúck-up. What if huyo MTU WA kuuza peremende anguke akidondoka mat avunjike Mguu. Atapelekwa CRB akiwa na plaster Kwa Mguu.
Jambaz could have given grace period ya one month. Mutu alipe na mwaka moja. Hiyo punch hata huwezi tomba maraya hapo SJ. Wakitoa hiyo savings hakuna kitu ina Baki.

 

[Jura]

Niliona watu wamejaa kwa bar jana

 

[majizee]

Amefanya

 

[mtadao]

Kwanza niliona niko na loan limit kubwa kushinda jambass

Me i have a 2K limit

 

[Electronics4u]

Niliona watu wamejaa kwa bar jana

Wacha pissants wajibambe.
Hio pesa yote inakuja Kwetu mbirrionaires.

 

[kukuru kakara]

Tofauti ya Hustler fund na Fuliza na Mshwari ni gani?
What about KCB Mpesa?

 

[Aquaman]

Kenya needs consolidation of micro and small businesses because no economy works the way we are modelling ourselves. I have said it several times that we have too many businesses that create no value and are stuck in darwinian competition with negligible returns who have made the ecosystem hazy and you can't tell which sectors need support and which to leave to die off.

 

[Ngimanene na matharo]

Tofauti ya Hustler fund na Fuliza na Mshwari ni gani?
What about KCB Mpesa?

Enda ukasome