Hustler Fund and the data protection implications
Sent from my iPad
> On 1 Dec 2022, at 10:59, David Indeje via KICTANet <[email protected]> wrote:
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> The Hustler Fund is under the National Treasury.
>
>> On Thu, Dec 1, 2022, 10:55 AM Liz Orembo via KICTANet <[email protected]> wrote:
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>> These are very important questions Tevin. Which policy is the Hustler Fund under? Which government agency is housing it?
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>>
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>>> On Thu, 1 Dec 2022 at 10:28, tevin mwenda via KICTANet <[email protected]> wrote:
>>> Dear listers,
>>>
>>> The Kenyan Government launched the much hyped hustler fund a digital lending platform. Credit will be accessible through various lending platforms such as M-PESA. Out of curiosity I can not help but wonder what are the data protection implications of the system. For example what data will be used as baseline to determine your credit worthiness. Is it data held by government, credit reference bureaus, the lending companies or we are starting from scratch ? Who will be the main data controller of the data collected is it government is it the companies. If it’s the government how much data will they have on Kenya and their credit worthiness and what are the implications of that. Who will store this data? Are their any data sharing agreements in place between the entities involved. What data subject rights have been provided and does the consumer understand them? It will be intresting to see how this develops and the discussion from a data protection perspective.
>>>
>>> nation.africa/kenya/news/game-changer-president-unveils-hustler-fund-today-4037806
>>>
>>> —
>>> Kind Regards
>>>
>>> Tevin Mwenda Gitonga
>>>