ACADEMIC & SCHOOL FEES FINANCING
Education Fund & School Fees Facility
Empowering Nairobi Water SACCO families with dedicated, prompt academic financing to guarantee continuous, quality education from early childhood and primary schooling through college and university levels.
Primary to University
24-48 Hr Fast Disbursement
1% p.m. Reducing Balance
Regulated by SASRA
Product Overview & Key Terms
Our Education Loan is specifically tailored to relieve tuition fee pressure on parents and guardians, structured to align seamlessly with the Kenyan school and university academic calendars.
Maximum Term
Up to 24 Months
Up to 24 Months
Borrowing Power
3x Member Savings
3x Member Savings
Interest Rate
1% p.m. Reducing
1% p.m. Reducing
Turnaround
24 – 48 Hours
24 – 48 Hours
Why Choose Our Education Fund?
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Direct Institution Disbursements: Cheques or direct bank transfers dispatched straight to schools, colleges, or universities. -
Payroll-Deducted Repayment: Comfortable, automated monthly installments aligned with your employer payroll cycle. -
No Hidden Charges: 100% transparent fee structure with zero appraisal or loan application surcharges. -
Top-Up Flexibility: Refinance or apply for additional fee support ahead of each subsequent academic term.
Application Requirements
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Active Membership: Completed at least 6 consecutive months of regular savings contributions. -
Certified Pay Slips: Copies of your most recent 3 months certified pay slips or verified income proof. -
Fees Invoice / Admission Letter: Official fee statement or admission document from the recognized institution. -
Guarantorship: Duly endorsed loan form signed by active member guarantors covering the requested amount.