Borrow
Kingdom Education Loan
Fees are disbursed directly to educational institutions for security, easing pressure on business or salary income.
- Multiplier
- Up to 3× your savings deposits
- Maximum
- Kes 300,000
- Interest rate
- 12% p.a. on reducing balance
- Term
- Up to 12 months
- Security
- Guarantors or up to 90% self-guarantee
Features
- Direct disbursement to schools, colleges and universities.
- Removes immediate lump-sum fee pressure.
- Eases the burden on business or salary income.
Requirements
- Six months of consistent monthly savings.
- Qualification at 3× savings.
- Fee structure or admission letter from the institution.
- Guarantors, or self-guarantee up to 90% of free deposits.