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AfriCred launches student loan, tuition payment platform in Kenya.

Jan 12, 2024 #Africred
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AfriCred.org, a rapidly growing FinTech company, is collaborating with leading financial institutions in Globally & in Africa to help students and guardians access credit. Based in Lagos, Nigeria, with offices in Kenya, the UAE, and Spain, AfriCred offers short and long-term loans through financial institutions, Instant tuition fee payment and Living expenses travel credit cards empowering students to take control of their higher education finances.

AfriCred.org streamlines the loan process by providing a wide selection of leading global and Africa-based lenders at competitive rates, delivered with best-in-class customer support. AriCred has established exclusive partnerships with 35+ global universities across USA, Canada, Malta, EU to offer on-click tuition fee payment experience

“We are super excited to partner with AfriCred to help our students in Nigeria and Kenya access higher education financing and fee payment and very happy with the feedback of the students – We look to strengthen the exclusive partnership” Said Chris Velasco of Edison College, Canada

Studying abroad is a cherished dream for many Africans, with Kenya being a significant source of international students globally.

This enables students to experience a one-click tuition fee payment process, easing the financial burden associated with studying abroad. Despite this, students and parents face challenges due to the absence of local credit availability, limited access to financial services, stringent eligibility criteria, high interest rates, and insufficient local funding.

Siddharth Maheshwari, Managing Director of AfriCred.org, stated,

“Our mission is to empower students by offering them convenient and affordable access to credit. Through our robust partnerships with global financial institutions that provide loans at competitive interest rates, without requiring a co-signer or collateral, we aim to ensure that no deserving student faces financial constraints for local or global university admissions.”

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