Business Daily | by Lynet Igadwah
The Higher Education Loans Board (Helb) has opposed proposals that beneficiaries repay their dues after landing jobs, saying this would prevent it from pursuing those in self-employment.
Igembe South MP Paul Mwirigi is pushing for amendments to the Helb Act to spare beneficiaries fines before they get jobs. Helb chief executive Charles Ringera told Parliament that the agency lacks a mechanism of determining those who have secured employment and relies purely on goodwill.
“The proposed amendment will weaken Helb’s loan recovery mechanisms…
