Schoolfees (Elimu) Loans.
For this product a school fees structure proforma must be submitted together with the loan application form
Where possible the cheques shall be written directly in the name of the beneficiary school or deposited to their respective accounts and the student only carries the receipt or the bankers cheque to school.
Refinancing of the loan per every school term is possible but it can only be done if the current loan is exhausted or at least 3/4 of the loan amount is already repaid without any arrears.
Maximum loan repayment period is 12 months.