Simon Chelugui, Cooperatives Cabinet Secretary, has urged Kenyan Saccos to create a central liquidity system to reduce financing costs and reliance on banks. The government plans to disburse the second phase of the Hustler Fund through Saccos and banks, allowing MSMEs and registered groups to access loans between Ksh 100,000 and Ksh 2.5 million. Over 18 million Kenyans have borrowed Ksh 16 billion from the Hustler Fund since its launch in November, with half of the amount repaid.