HELB partners with CBA to provide student loans - The Sauce
Connect with us

Hi, what are you looking for?


HELB partners with CBA to provide student loans

The Higher Education Loans Board has partnered with the Commercial Bank of Africa to make available to students in higher education get tuition loans at special rates. The arrangement will facilitate students who miss out on the HELB loans get financial support from the bank.


CBA Managing Director Mr. Isaac Awuondo said,We are proud to be associated with HELB on this as we strengthen our presence within the education sector. At CBA, we have positioned ourselves to become the conduit of our customers’ individual dreams and aspirations and this opportunity to help students achieve their dreams is part of our vision.”

CBA will avail a minimum loan of Kshs. 50,000 and a maximum of kshs1 million with the rate of interest pegged to the bank’s base rate and repayment is within a year. However, disbursement of the loans given will be dependant on the course to be undertaken.


Mr Shem Gichimu, HELBs’ Head of Finance, expressed gratitude for the support the bank is providing to enable students to achieve their dreams. He said the demand for HELB loans was too high and therefore needed other financial institutions to chip in financing higher education to wards the achievement of Vision 2030.


“In the last financial year, we disbursed a total of Kshs 4.8billion to over 106,000 Kenyan student’s pursuing higher education in recognized universities,” said Mr. Gichimu.


As part of their brand promise “Time for more” CBA, has set plans in motion to launch Youth account aimed at helping young members build a sound financial future.


HELB is charged with the responsibility of providing financial support to students enrolled in universities within the East African Community.


See how HELB is performing: Infographic 



1 Comment

1 Comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Some More Sauce...


Kenyans on Twitter woke up to an explicit video that has since gone viral. In the video, a woman who is known on social...

Da Squeeze

Kenyan beauty Tanasha Donna Oketch recently opened up about her life. The 24 year old former radio presenter, musician and mother of one is...


Ugandan TV journalist Simon Kaggwa Njala’s face has got to be one of the memed faces of 2019.   But how did this Ugandan...

Da Squeeze

Who remembers the time when sex was simple. Well, nowadays there are a lot of weird fetishes that we can’t even keep track of...


The Free Mason society is known to be secretive and very private, but not anymore it may seem. The Freemason society based in Nairobi...

Da Squeeze

Kenya has a robust matatu culture and some people around the world love it. Award winning American singer and dancer Chris Brown yesterday (23.03.20)...

Da Squeeze

Is there a woman making your heart skip a beat? She might be a secret woman of your life.  Most women love, but they...

Da Squeeze

Kenyans on Twitter are not to be messed with, they bring guns to a knife fight. The hard-hitting K.O.T recently got into a Twitter...