President William Ruto has said the Women Enterprise Fund will be accessible on the same platform as Hustler Fund.
Speaking during the re-launch of the Women Enterprise Fund and Second Product of the Hustler Fund, KICC, Nairobi, Ruto said his administration has eliminated financial intermediaries.
"This way we will ensure dignity in borrowing and cut down on the cost of accessing credit," he said.
To access the WEF, subscribers will use *254#.
Kenyans will be able to borrow a bigger amount ranging from Sh100,000 to Sh2.5 million.
Last month, Cooperatives and Micro Small Enterprises CS Simon Chelugui encouraged Saccos to set up more Front Office Service Activities offices across the country to facilitate the partnership.
"You're not just going to serve your members; we are going to partner with you. Hustler fund, even the distribution of government services like Inua Jamii, and now soon, delivery of subsidy fertiliser," he said.
In November 2022, Public Service, Gender and Affirmative Action CS Aisha Jumwa warned senior officials managing the Women Enterprise Funds against engaging in graft.
Jumwa said some WEF officials have been taking bribes from locals so that they be enlisted in the funds.
"I have information that there are some groups giving money to WEF workers so that they can be considered as beneficiaries," she said.
The CS directed the WEF officials to work closely with the county government and local administration for transparency and accountability to prevail.
"I order the WEF officers to work with the governor, county commissioner and chiefs offices to ensure genuine groups benefit," Jumwa added.
The CS said the public officers must serve the local citizens fairly and diligently as per the aspirations of the Kenya Kwanza government.
