The School Fees Loan, also known as Boresha Elimu, is an educational financing product designed to help members meet school-related expenses for their children or themselves. It enables members to pay tuition fees, buy books, uniforms, and other learning materials without financial strain.
This facility supports both basic and higher education needs, ensuring that members and their families can access quality education with ease. It is flexible, affordable, and open to all members who value education as a pathway to personal and community growth.
Features Include:
❖ Repayable in 11 months
❖ Multiplier of 4 of BOSA deposits
❖Competitive Interest on reducing rate
❖ Capability to repay
❖ Photo copy of ID
❖ Two passport photographs
❖ Two payslips
❖ Copy of KRA pin
❖ Copy of school fees structure
❖ To have four guarantors
