Hustler Fund and the data protection implications

On Thu, Dec 1, 2022, 10:55 AM Liz Orembo via KICTANet <
[email protected]> wrote:

>
> 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 <
> [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
>>