EMERGENCY LOAN
Our educational loan product is designed to assist working-class parents in meeting their children's school fee obligations. Our educational loan offers a short-term financial solution that requires 30% equity from parents, aiming to alleviate the burden of school fees and debt to ensure uninterrupted education for students.
Product Features/Requirements
Short-term loan tailored for school fee payment- 30% equity contribution from parent
- Flexible repayment options
- Competitive interest rates
- Quick approval process
- Loan covers for cover Tuition fees, uniforms, Books & Transportation (School
Bus)
- Child’s admission letter
- Child's birth certificate
- Prove of last two terms of school fee payment (receipt)
- 2 passports photograph of the child
- 6 months bank account statement of parent
- Parent’s appointment letter
- Parent’s work ID card
- Utility bill
- The company is mandated to make payment worth the education fee to the
school account
- 1 guarantor (salary earner)
- 2 passports of both parent and guarantor
- Interest rate is 10%
- Loan duration is 3 months
- Maximum amount depends on your monthly earning