The sports category has moved to a new website.
ADVERTISEMENT

HELB gives loan defaulters 100 per cent waiver

One can use Bonga Points to repay the loan.

Speaking during a consultative forum with employers, Education CS Amina Mohammed called upon the beneficiaries to take up the advantage and repay Sh8.1 billion owed by 78,000 graduates.

“78,000 loanees owe HELB KSh 8.1B. With 100% penalty waiver until June, we call upon all the beneficiaries to take advantage of the generous offer by the government.

"From today 3rd May, 2018 to 30th June, 2018, all HELB loan beneficiaries will benefit 100% penalty waiver,” Amb. Amina Mohammed said.

ADVERTISEMENT

Bonga points

In the latest turn, HELB has also enabled a feature which will allow Safaricom PLC subscribers to repay their loan using Bonga Points, through redeeming.

“Embracing cryptocurrency, you can use your Safaricom PLC Bonga points to repay your HELB loan,” HELB Chief Executive Officer, Charles Ringera told the employers forum in a Nairobi hotel.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Former president Kenyatta to lead 60-member team for AU duty in South Africa

Former president Kenyatta to lead 60-member team for AU duty in South Africa

Reactions to Ruto's remarks that his private jet to U.S. was cheaper than travelling on KQ

Reactions to Ruto's remarks that his private jet to U.S. was cheaper than travelling on KQ

Military benefits Kenya will enjoy after recognition as a non-NATO ally by U.S.

Military benefits Kenya will enjoy after recognition as a non-NATO ally by U.S.

DCI bust 3 Kenyans cocaine valued at Sh27.5 million & several air tickets

DCI bust 3 Kenyans cocaine valued at Sh27.5 million & several air tickets

Ruto jets back, clarifies cost of U.S. trip as Gachagua breathes fire on his allies

Ruto jets back, clarifies cost of U.S. trip as Gachagua breathes fire on his allies

Ruto assigns CDF Kahariri more roles in latest appointments

Ruto assigns CDF Kahariri more roles in latest appointments

The late mountaineer Cheruiyot Kirui honoured with 'Cheruiyot Point' on Mt Everest

The late mountaineer Cheruiyot Kirui honoured with 'Cheruiyot Point' on Mt Everest

How 5 governors reacted after meeting U.S. Vice President, Kamala Harris

How 5 governors reacted after meeting U.S. Vice President, Kamala Harris

5 dead, scores injured in Nakuru-Eldoret highway accident

5 dead, scores injured in Nakuru-Eldoret highway accident

ADVERTISEMENT