HELB loans Stories
President William Ruto urged parents to insist on paying fees digitally, hailing schools that have adopted the platform as champions of accountability...
According to the Auditor General’s report, of the Sh22.96 billion allocated to the Hustler Fund in the 2022/2023 budget, only Sh12 billion was spent.
The Auditor General’s report has exposed major gaps in the management of the fund, showing the State Department for Cooperatives only spent Sh12 billi...
According to KMTC Chief Executive Officer, Dr Kelly Oluoch, the HELB portal is now open for applications and urged eligible students to apply before t...
According to HELB CEO Geoffrey Monari, accountants top the list of non-payment, with only 11 per cent of the active ones repaying their loans. Out of...
According to the CBK, the ratio of non-performing loans (NPLs), those unpaid for over 90 days, rose to 17.6 per cent by June 2025, up from 17.4 per ce...
Data from the State Department for Micro, Small, and Medium Enterprises (MSMEs) released in September shows more than 50 per cent of Hustler Fund borr...
Helb CEO Geoffrey Monari warned that the Sh35 billion in defaults could have been enough to fund at least 289,000 university and college students for...
By the end of April, the outstanding inclusive loans issued to micro and small enterprises reached about 4.77 trillion US dollars, up 11.9 per cent ye...
HELB CEO Geoffrey Monari warned that rising loan defaults threaten the sustainability of the fund, which for the last 27 years has supported students...
Auditor General Nancy Gathungu told MPs that there was no proof the borrowers were untraceable or incapable of repayment, raising concerns about trans...
In a statement on Thursday, CBK said the approvals are part of an ongoing review of over 700 applications it has received since March 2022.
The government now plans to borrow Sh591.9 billion from the local credit market to bridge a Sh876.1 billion budget deficit in the financial year start...
According to Afreximbank's 2025 report on the state of debt burdens, a major external influence behind this shift is the changing economic policy envi...
The State Department for Immigration and Citizen Service said this will help students avoid delays in accessing tertiary education, job opportunities,...
The drive will help students avoid delays in accessing tertiary education, job opportunities, and financial support such as HELB loans after completin...
The opportunity is also open to students who either missed the initial application or were unsuccessful in their first attempt, allowing them to submi...
The CBK survey revealed that banks plan to ramp up loan recovery efforts in eight of the 11 economic sectors and maintain the current pace in the rema...
Although more counties are releasing additional budget reports, the quality and comprehensiveness of these reports are not keeping pace.
A Senate Public Accounts Committee report based on the Auditor General’s 2023–24 audit showed that 36 counties had breached the legal ceiling on wage...
The highest loan was held by former Kuscco managing director George Ototo at Sh103.11 million. Former finance manager George Owino had borrowed Sh17.9...
Beneficiaries can now use the WorldRemit platform to settle their student loans from anywhere in the world.
The final budget released to HELB by the National Treasury is earmarked for a predetermined number of students in universities and TVET institutions u...
The plans would be the first known instance of Saudi Arabia providing financing for Syria since Islamist-led rebels toppled former leader Bashar al-As...
HELB has processed over 109,000 funding requests from new students that had been delayed due to a High Court ruling in December 2024, which temporaril...
The CS pointed to the misuse of short-term loans to fund long-term projects as one of the key mistakes that plunged the country into its current econo...
According to the KMTC CEO, the lack of funding placed a significant burden on students, particularly those from disadvantaged backgrounds.
The report highlights that most borrowers seek these loans for survival rather than investment.
In February 2025 the lending margin rose to 6.65 percent, up from 6.59 percent in January and 6.44 percent in December.
HELB has periodically introduced such waivers to encourage loan repayment among former beneficiaries who have struggled to meet their financial obliga...
