KCB Unveils Loans For Schools, Varsity Reopening


KCB has today unveiled a loan facility specifically designed for schools, colleges and universities reopening.

The bank said that in order to help these institutions in meeting the requirements as prescribed by the Ministry of Education in line with COVID-19 guidelines.

“We see the education sector as a key driver to the country’s economic agenda and therefore we are playing a catalytic role in supporting them through this phase. The Bank has worked out an all-inclusive proposition which gives the learning institutions end to end support to achieve the guidelines set for reopening,” said KCB Group CEO and MD Joshua Oigara at the launch of the proposition by Education CS Professor George Magoha.

“We have been walking this difficult journey hand in hand with our customers to make sure that they are cushioned during this tough economic period. We have been offering schools access to loans for procuring virtual learning equipment including tablets for learners, laptops for teachers, learning material and training for the schools and we shall continue to support the schools as they plan on reopening” he added.

The loan will be available to all stakeholders including teachers, parents and the institutions.

Through this facility KCB will support school infrastructure construction, sanitation equipment, e-learning hardware and software purchases and much more.


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