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Defaulters Can Now Repay Helb Loans Using Safaricom Bonga Points

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Education CS, Amina Mohammed. / COURTESY

Higher Education Loans Board (HELB) loan defaulters and are Safaricom subscribers can now repay their outstanding loans by redeeming their accumulated Bonga points.

Speaking on Thursday, Education CS Amina Mohammed announced a 100 per cent waiver on all Helb penalties effective 3, May till 30, June 2018.

“As an incentive to all past HELB loan beneficiaries, I hereby grant a 100% penalty waiver to all defaulters who will repay their loans in one lump sum between today (3rd May, 2018) and 30th June, 2018,” she said.

Read: Ababu Namwamba’s Unrealistic Demands Shock Staff At Foreign Affairs Ministry

Out of the 396,680 loan accounts that have matured, 81,994 of these accounts worth Sh8.2 billion are not being repaid, the CS stated.

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Eva Nyambura

Written by Eva Nyambura

Content creator at Kahawatungu.com | Passionate about telling the untold story. Lover of life, music and technology. Simplicity is KEY

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