Description
The product has been designed to meet short term liquidity constraints that arise out of the need to meet school fees obligations for our clients. The school fees loan is designed for pre-primary, primary, secondary and tertiary institutions.
Benefits
- Flexible terms of payment
- Low interest rates
- Repayment aligned with the school calendar
- Easy accessibility for all your school needs
Requirements
- Must be 18 years and above
- Collateral security (e.g., chattels, land agreements, land titles, motor vehicle log book)
- Two guarantors with two passport size photos each
- Client must reside within Hofokam’s operational area
- Evidence of school attendance (e.g., pay slips for at least two previous academic terms)