To apply for School fees loan one should bear in mind the following.

  • Must produce evidence for a student or child in school i.e. fees bill, admission letter, report form or letter from school or student ID
  • Maximum loan 3,000,000= but depending on the number of students or pupils and each must have a separate evidence.
  • Must have a clear source of repayment i.e. salary, business, tea etc. and evidence must be attached.
  • Maximum loan period 12months.
  • Top ups allowed after half of the period
  • Interest rate  2% reducing
  • Loan processing 2% and 1.5% insurance fee
  • Must have security and all other 5cs must apply