25,626 unable to pay Helb loans as coronavirus bites

Higher Education Loans Board (HELB) CEO Charles Ringera. FILE PHOTO | NMG

Some 25,626 beneficiaries of the Higher Education Loans Board (Helb) have re-negotiated or stopped payments due to covid-19 economic hardships that have hurt borrowers’ ability to repay.

The State's higher-education funder said so far Sh4.6 billion loans or 16 percent of the Sh28.5 billion in its active loan book have been affected.

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