Are you enrolled in Kenya’s Hustlers Fund and wondering whether you can exit the program after registration? Many borrowers now ask this question after stabilising their income, securing alternative financing, or growing beyond the fund’s limits.
Others simply want clarity on what happens to their savings and loans once they stop borrowing. This guide breaks down everything you need to know in simple terms.
It explains whether you can opt out of the Hustlers Fund, what the law allows, how savings work, and the realistic options available to borrowers today.
Can You Opt Out of Hustlers Fund After Registration?
The short answer is no. You cannot fully opt out of the hustlers fund after registration. According to Elizabeth Nkukuu, the acting CEO of Hustler Fund, once you register, you remain part of the system permanently. The structure of the fund makes a full exit impossible. This happens because part of every loan automatically goes into long-term savings that the government locks until retirement age.
The Hustlers Fund operates both like a loan facility and a savings scheme. Even when you stop borrowing, your savings remain active within the system. You can pause borrowing, but you cannot delete or close your Hustler Fund account.
Why Opting Out Completely Is Not Allowed
The government designed the Hustlers Fund to promote long-term financial security. That design includes compulsory savings.
Here are the key reasons you cannot opt out of hustlers fund fully.
| Reason | Explanation |
|---|---|
| Mandatory savings | 5 percent of every loan goes to savings |
| Locked long-term portion | 70 percent stays until retirement |
| Policy structure | The fund does not support account closure |
| National pension goal | Long-term savings support old-age income |
This structure means registration creates a lifelong savings relationship, even if borrowing stops.
How Hustler Fund Savings Work
Every time you borrow from the Hustlers Fund, the system deducts 5 percent automatically.
The savings split happens instantly.
| Savings type | Percentage | Access timeline |
|---|---|---|
| Short-term savings | 30 percent | After one year |
| Long-term savings | 70 percent | At age 60 |
The long-term portion functions like a pension. You cannot access it early under normal conditions.
The fund also pays 8 percent annual interest on savings. The interest credits directly to your account, which increases your balance over time.
What You Can Do To Opt Out of Hustlers Fund
Even though you cannot opt out of the hustlers fund fully, you still have practical choices. You can stop borrowing completely. Registration does not force you to take loans. If you no longer need credit, simply avoid borrowing.
You can also clear any existing loan and only interact with the savings side when eligible. This option suits borrowers who want zero debt exposure.
Another option involves withdrawing short-term savings once you qualify. This allows partial access to your money without closing the account.
How to Withdraw Hustler Fund Short-Term Savings
You can only withdraw from the short-term savings portion. You must meet strict conditions.
To qualify, you must satisfy all the requirements below.
| Requirement | Details |
|---|---|
| Minimum savings period | One year |
| Loan status | Fully repaid or 30 percent paid |
| Active account | Valid mobile number |
If you borrowed KSh 1,000, you must repay at least KSh 300 before withdrawing savings.
Step-by-Step Withdrawal Process
Follow these steps once you qualify.
- Dial *254# on your phone
- Select Hustler Fund
- Choose Personal Loan
- Select Savings
- Pick Short-term savings
- Tap Withdraw
- Enter the amount
- Confirm transfer to M-Pesa
The system processes the withdrawal instantly if you meet all conditions.
Can You Withdraw Long-Term Hustler Fund Savings
No. You cannot access long-term savings before retirement.
The fund locks 70 percent of all savings until you reach 60 years. This rule applies to everyone, regardless of income level or financial need.
This rule explains why opting out of hustlers fund remains impossible. Long-term savings tie every member to the program permanently.
Can You Repay Hustler Fund Loans Partially?
Yes. Partial repayment is allowed.
You can repay loans in bits, provided you clear the full amount within 14 days. Partial repayment also helps borrowers qualify for short-term savings withdrawal once the minimum threshold gets met.
This flexibility supports borrowers who face short-term cash flow pressure.
Hustler Fund Customer Care Contacts
If you need clarification, customer support remains available across networks.
Safaricom Users
| Method | Details |
|---|---|
| SMS prepaid | 100 |
| SMS postpaid | 234 |
| USSD | *234# |
| Social media | Twitter and Facebook |
Airtel Users
| Method | Details |
|---|---|
| Call | 100 |
| [email protected] | |
| Social media | Twitter and Facebook |
Bank Support KCB
| Channel | Contact |
|---|---|
| [email protected] | |
| SMS | 22522 |
| Helplines | +254 20 3270000, +254 732 187000, +254 711 087000 |
| +254 711 087087 |
Frequently Asked Questions
What is the Hustler Fund
Hustler Fund is a government-backed digital loan program that supports MSMEs with affordable credit and savings.
Can I opt out of the Hustler Fund
No. You cannot opt out of hustlers fund once registered.
How much of my loan goes to savings
Five percent goes to savings. Thirty percent becomes short-term savings while seventy percent becomes long-term savings.
Can I withdraw my savings
Yes, but only short-term savings and only after meeting the conditions.
Who qualifies for Hustler Fund
Any Kenyan aged 18 and above with an active mobile number and mobile money account qualifies.
