Helb reels from Sh6.6bn bad loans

The Higher Education Loans Board (Helb) is reeling from Sh 6.6 billion non-performing loans advanced to 64,000 former university students in what could indicate inability to repay.

While the Board says Kenyans in the diaspora who benefited from the loans repaid Sh100 million last year, following its widening of the net, some beneficiaries cannot be traced.