Mwanga Hakika Bank has launched its new product, dubbed School Fees Financing, which helps parents to pay for school fees without hassle.
Mwanga Hakika has come up with a solution that will change the situation for anyone who is looking for financial support to meet their obligations this January. Through School Fees Financing, parents have the option to acquire an affordable loan, issued within 24 hours, to pay for school fees.
Speaking during the launching event the Bank’s Head of Retail Banking Mwinyimkuu Ngalima, said, “This product is a game changer for parents facing financial challenges at the beginning of the year. We are committed to helping parents ensure their children continue to access quality education without the stress of school fees payment.”
The School Fees Financing product allows parents to acquire an affordable loan with flexible payments spread out over a period of up to 12 months, easing the financial burden at the start of the year. This initiative aligns with Mwanga Hakika Bank’s mission to support the community and contribute to the development of education in the country.
“We understand access to education is a fundamental right, and initiatives like School Fees Financing are crucial in ensuring that financial constraints do not hinder children from acquiring education.”
This product is available to all parents, guardians, or sponsors with children in both primary and secondary schools that have MOU with Mwanga Hakika Bank. The application process is simple and quick, with minimal documentation required. Interested parties can visit any Mwanga Hakika Bank branch to apply for the School Fees Financing.