Education loans are exclusively designed for educational purposes, empowering members to invest in their future and that of their children. Whether it’s for primary, secondary, college, or university education—locally or abroad—this loan helps make quality education accessible, ensuring a brighter tomorrow through learning and growth. They include
1. SCHOOL FEES LOAN
Loan Features:
Loan Amount: Loan amount is 3 times of School fees savings up to a maximum limit of Kshs 3 Million.
Repayment Period: Within 12 months.
Interest Rate: Interest shall be charged on reducing balance.
Collateral: Applied loan amount should be fully secured.
2. COLLEGE LOAN
Loan Features:
Loan Amount: Loan amount is 3 times of School fees savings up to a maximum limit of Kshs. 3 Million.=
Repayment Period: Within 24 months.
Interest Rate: Interest shall be charged on reducing balance.
Collateral: Applied loan amount should be fully secured with a minimum of 3 guarantors.