Looking for quick school fees or education loan in Kenya? This post provides a guide of the micro finance and banks offering such online loans and a procedure on how to apply for the same. Some will pay via mpesa and others will deposit instantly to the institution account. This is different from helb loan.
Micro finance Loans in Kenya (Last Updated January 30th 2017)
1. Bank of Africa SOMA School Fees Loans
Bank of Africa offers education loans for primary school pupils, high school/secondary schools students and university students.
Requirements; You must be employed or have retired and receiving retirement earnings
Interest rates will be set by Bank of Africa taking into consideration of the newly set rules.
Loan Application Details Available: http://www.boakenya.com/school-fees-loan/
2. Musoni Education Loans
Musoni is a non-cash micro finance institution. Some of the loans that MUSOMI offer include group loans, individual business loans, agri-business loans, emergency loans and education loans.
Loan Application procedure: https://musoni.co.ke/contact/
3. Zidisha Schools Fees.
Zidisha provides schools fees loans online in Kenya. Payment are made through Mpesa. All you need is provide your residential address, telephone number, and national identity card number. Zidisha also requires you to verify your online identity by linking your active personal Facebook account to your Zidisha account.
You must also provide contact information for a school principal who can provide a recommendation for you to get the loans.
Loan Application procedure: https://www.zidisha.org
4. Higher Education Loans Board
We have written several articles about HELB loan. You may be interested to check helb application procedure here.
For more about Emergency loans in Kenya Check below!