x News The Standard Digital KTN Prime KTN Morning Express KTN Leo Leo Mashinani The Big Story Checkpoint News Center E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS Tutorsoma Digger Classified The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
x
x

HELB to roll out new initiative to recover funds owed by beneficiaries

21, Aug 2015

The Higher Education Loans Board is working to roll out a new initiative that will see it recover billions of shillings owed to it by beneficiaries of the fund. Speaking while officiating the launch of the electronic payments card in Narok County, HELB’s chief executive indicated that they will be casting their net wider to catch loan defaulters working in the diaspora. The loans board is yet to recover 21.9 billion shillings from past beneficiaries of the state-backed loans that are due for payment, deepening the agency’s funding crisis. HELB is now working on mitigating such trends by ensuring all disbursements are done electronically.

Feedback