You can now apply for Women Enterprise Fund (WEF) loans via Hustler Fund USSD code through your mobile phone.
With the recent relaunch, women can now access loans instantly as opposed to waiting for 45 days as it used to be before.
WEF is now part of the Hustler Fund project and can be accessed via USSD code*254# from any mobile network - Safaricom, Airtel or Telkom in Kenya.
The loan limits for Women Enterprise Fund will vary depending on the customer's creditworthiness and business needs.
Women Enterprise Fund interest rate is 6% per year.
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| Women Enterprise Fund Logo |
How to apply for Women Enterprise Fund via phone
You can apply for WEF by dialling USSD code*254# or via M-PESA app. The easiest is however via the USSD code. And this is because a customer can use any network even Airtel or Telkom instead of Safaricom.
Steps to apply for Women Enterprise Fund via USSD;
- Dial *254#
- Select Women Fund
- Register your Group
- Apply for loans after you get your loan limit
Pay Women Enterprise Fund
What is Women Enterprise Fund
The Women Enterprise Fund (WEF) is a government agency in Kenya that was established in 2007 as a flagship program under the Ministry of Public Service, Youth, and Gender Affairs. The aim of the fund is to provide accessible and affordable credit to support women-owned and women-led enterprises, as well as to provide business development services to enhance the capacity of women entrepreneurs.
The Women Enterprise Fund provides loans to women entrepreneurs at low-interest rates, with repayment periods of up to 48 months. The fund also provides training, mentorship, and networking opportunities to help women entrepreneurs develop the skills and knowledge they need to grow their businesses and become successful.
The WEF has a particular focus on supporting women from low-income backgrounds, marginalized groups, and those living in rural areas. The fund has been successful in empowering women economically and enabling them to contribute to the development of their communities and the country as a whole.
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