Banks Giving Student Loans in Kenya 2022

Due to high number of Students joining Colleges and Universities in Kenya, the Sponsorship from the Government (HELB) is becoming  scarce. This has resulted to Parents & students to look for alternative means of getting school fees.

Unilada Kenya came up with a list of Some Banks in Kenya that can offer loans to help students accomplish their educational dreams

Soma Loans Form Bank of Africa

Soma loan

Soma loan helps students relieve the stress of paying school fees and also offers the lowest rates possible keeping students on track for their big dreams.The loan can finance all levels of education :Primary, High school, College and University (Graduate, Postgraduate)

Features of soma loan

• 2% Processing fee
• Minimum borrowing of ksh 20,000 and Maximum of ksh:500,000.
• Loan tenure up to 10 months.

Requirements of soma loan

• Employed or retired with a regular pay or a defined income stream.
• A minimum of 3 months with the same employer (for employees).
• Provide a valid employment contract.
• Provide last  payslip (for employees)

To contact Bank Of Africa(BOA) for more information please use the following:

Postal address-P.O BOX 69562-00400 Nairobi Kenya

Tel: 07030588120 / 0203275120

SMS: 20030

Email: yoursay@boakenya.com.

Masomo Loans From KCB

Masomo loan

KCB Masomo loan is a loan intended for educational advancement to parents /guardians for students or to salaried individuals who wish to further their studies.

Features/Benefits of masomo loan

• Attractive competitive interest rates.
• Quick loan processing.
• Loans of up to ksh 300,000
• Loan payment period of up to a maximum of 2 years.

Standard requirements

• Must have an account with KCB for more than 3 months
• Original and photocopy of National ID or a valid passport.
• Latest original payslip.
• Proof of income if self employed.
• Admission letter from the College or University.

To contact KCB Head office for more information:

Email :contactcentre@kcb.co.ke

Tel :+254 (20) 2287000

SMS: 22555

Fax: +254(711) 087001/+254 (732) 187001

Facebook: KCB Bank Group

Twitter: @kcb group.

Kenyan Sacco's Giving School Fees Loans 

Kenyan leading Sacco's offer loans to members to help their children achieve their educational goals .
Leading Sacco's such as Police Sacco, Imarika , Harambee, Mwalimu etc have got good offers for members.

Advertisements