Helb to borrow Sh22bn for student laptops

Helb chief executive Charles Ringera. FILE PHOTO | JEFF ANGOTE | NMG

The Higher Education Loans Board (Helb) plans to borrow Sh22 billion through a bond to fund laptop purchases for university students.

The agency said on Tuesday it will issue its first so-called social bond to supplement government capitation that has failed to keep pace with the growing student enrolment.

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