HELB LOAN PRODUCTS.
HELB has partnered with a number of local and international organizations to help promising but needy students across Kenya to continue pursuing their studies after secondary school. HELB receives and administer funds on behalf of the Partner, receives and considers applications from eligible applicants as guided by the selection criteria set by the Partner, disburses loans and bursaries to successful applicants and recovers loans from successful applicants through the HELB recovery system, process and procedures or any other mode deemed appropriate.
An administrative fee of Kshs. 500 is charged per approved loan and an annual ledger fee of Kshs 1000.00 is charged to the beneficiary to maintain the loanee account, upon the loan maturity.
Interest rate charged on the Partner Fund loan is as agreed with each Partner.