Hustler Fund and the data protection implications

These are very important questions Tevin. Which policy is the Hustler Fund
under? Which government agency is housing it?

On Thu, 1 Dec 2022 at 10:28, tevin mwenda via KICTANet <
kictanet@lists.kictanet.or.ke> 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
>