The Higher Education Loans Board has for a very long time depended on the National Government support through Treasury to fulfil its noble mandate of supporting deserving Kenyan students pursue higher education. As the demand for HELB products continues to increase, the resources available are not sufficient to match the demand. This has resulted to HELB seeking alternative sources of funds having realized that total dependence on Treasury funding is not sustainable in the long run.
Riding on the vast experience which spans over 23 years in managing higher education students’ financing, HELB has, in recent years, been seeking to partner with individuals, institutions and organizations in providing higher education students financing solutions to deserving needy Kenyans. The value proposition by HELB has been has been on exploitation of the synergies from strategic partnerships and linkages. HELB offers a unique opportunity for to partners to utilize a robust system of identifying needy students, disbursing funds and recovering the funds.
These partnerships have facilitated over 20,000 students to pursue higher education over the last 4 years. HELB has been able to mobilize over Kshs 700 Million from partners such as:
- Donor & Foundations: USAID, The Family Group Foundation, Digital Divide Data, Rattansi Education Trust, Simba Foundation
- Corporates: Barclays Bank, Standard Chartered Bank, I & M Bank
- County Governments: Busia, Uasin Gishu, Kakamega, Taita Taveta
- Constituencies: Igembe North, Karachuonyo, Awendo, Tharaka, Tigania West
HELB invites individuals, corporates, Donors, Foundations, County Governments, Training Institutions to partner with HELB through creation of revolving funds, bursary schemes, and scholarship funds targeting needy Kenyans in the society. HELB will manage these funds on behalf of the partners and provide a platform for the needy students to apply and be vetted. The partners will in turn concentrate on their core mandate, while at the same time giving back to the society by HELB managing these funds on their behalf.
Contact our External Resource Mobilization Department for more information on firstname.lastname@example.org Get involved. Partner with HELB Today!