Dawa ya deni ni kulipa! Helb set to expose loan defaulters

Piece by: star.writer
Lifestyle

The Higher Education Loans Board (HELB) is set to publish the names and pictures of defaulters in a bid to save needy children who need loans.

The board said the names and pictures of beneficiaries who have defaulted from 1975 to date shall be published in the leading newspapers.

"Some beneficiaries who are in default have not responded to previous communication ...therefore sustained default, hinders funding of other deserving Kenyan youth," it said through a statement.

This will be published after the expiry of 30 days from the date of the notice and therefore legal action may be taken against each defaulter.

"Beneficiaries who are not servicing their loans are therefore advised as to get in touch with HELB for particulars of their loan accounts," HELB added.

"...and any other inquiry on loan status may be confirmed via the loanee portal on the website."

The Star/ Nancy Agutu