Safaricom Chief Financial Services Officer Sitoyo Lopokoiyit with HELB CEO Charles Ringera at the launch of a HELB M-PESA student loans smart payment solution on March 2, 2021 at Safaricom Head Office. PHOTO | COURTESYSafaricom Chief Financial Services Officer Sitoyo Lopokoiyit with HELB CEO Charles Ringera at the launch of a HELB M-PESA student loans smart payment solution on March 2, 2021 at Safaricom Head Office. PHOTO | COURTESYSafaricom has partnered with the Higher Education Loans Board (HELB) to roll out a smart mobile payment solution for students of tertiary institutions to access and utilise their loans and bursaries. “The rollout of this smart solution marks a major milestone in our digitisation journey. However, HELB has been marred by loan defaults, with and recently said it was pursuing 78,328 loan defaulters who are holding Sh7.7 billion in student loans as of December 31.

Source: Daily Nation March 02, 2021 11:03 UTC