Home Business Family Bank offers private schools Sh3m loan for key utilities

Family Bank offers private schools Sh3m loan for key utilities

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Business Daily | by Brian Ngugi

Family Bank has announced a partnership targeting private schools to fund their acquisition of key utilities.

This comes as the Ministry of Education undertakes progressive reopening of schools.

The mid-tier lender said the deal will see private schools access credit of up to Sh3 million to finance key infrastructure upgrade as schools reopen.

The facilities to be repaid in up to 60 months (five years) will target ICT infrastructure and access to electricity, purchase of sanitising materials, face masks…

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