School Loans 2025

SCHOOL FEES LOAN Loans, which are issued for education purposes. Terms • Maximum repayment period of 12 months • Interest rate at 1% per month on reducing balance • Maximum eligibility 3 times deposits subject to 1/3 rule Requirements • Current pay slips • Minimum of six guarantors • Copy of ID card and ID copies of guarantors • Non checkoff attach Six months Bank or Mpesa statement Timeline Within 48 working hours upon receipt of complete documentation.