September 17, 2024

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AfriCred Revolutionizes Higher Education Financing in Kenya with Launch of Innovative Student Loan and Tuition Payment Platform

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AfriCred.org, a dynamic FinTech company headquartered in Lagos, Nigeria, has introduced a groundbreaking student loan and tuition payment platform in Kenya.

Collaborating with prominent financial institutions globally and across Africa, AfriCred aims to empower students and guardians by providing easy access to credit, streamlined loan processes, instant tuition fee payments, and living expenses travel credit cards.

Expanding its reach beyond Nigeria, AfriCred.org operates offices in Kenya, the UAE, and Spain, catering to the growing demand for accessible higher education financing.

The platform offers short and long-term loans through leading global and Africa-based lenders, ensuring competitive rates and exceptional customer support.

In a strategic move, AfriCred has secured exclusive partnerships with 35+ prestigious global universities, spanning the USA, Canada, Malta, and the EU. This collaboration allows students to enjoy a seamless one-click tuition fee payment experience, simplifying the financial challenges associated with studying abroad.

 

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

Recognizing the hurdles faced by students pursuing international education, Siddharth Maheshwari, Managing Director of AfriCred.org, emphasized the company’s mission.

“Our goal is to empower students by offering them convenient and affordable access to credit. Through robust partnerships with global financial institutions, providing 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.”

AfriCred’s innovative approach addresses the challenges of local credit availability, limited access to financial services, stringent eligibility criteria, high interest rates, and insufficient local funding, making higher education aspirations more achievable for students in Kenya and beyond.