ZAP now caters for student loans

http://www.ntv.co.ke
Kenyan graduates spread in various parts of the world will be able to service their Higher Education Loans through Zains money transfer service ZAP. The Higher Education Loans Board - HELB, on Tuesday morning signed a partnership with Zain as efforts to recover the huge non-performing loans shifts to graduates in diaspora. The loans board Chief Executive Officer Benjamin Cheboi, says of the two hundred and fifty thousands graduates who have received loans, only 30 thousand have completed their repayments. Key concern now remains on the 60 thousand graduates who are yet to start servicing their loans.Repayment through the mobile money transfer is also targeting graduates in the country who are employed in the informal sector.

Category:

News & Politics

Tags:

• Ntv
• Kenya
• zap
• mobile
• money
• transfer
• service
• mpesa
• Higher
• Education
• Loans
• Board
• HELB

[SirSafari]

oh black muzungus impressive though  is their accent!