As the new academic term draws near, many parents are grappling with the financial pressure of preparing their children for school. The transition from the festive season to the financial constraints of January, coupled with the demands of new classes and schools, can be overwhelming for families. Fortunately, Equity Bank’s ‘Oli Ready for School?’ initiative offers a ray of hope in these challenging times.
Equity Bank’s initiative provides a lifeline for parents by offering loans of up to Shs 5 million to cover their children’s school fees. A standout feature of this program is the flexibility of repayment, spanning over 12 months.
This structure enables parents to manage their finances effectively by spreading out repayments in manageable installments rather than facing a hefty lump sum payment.
Safeguarding educational institutions
In addition to assisting parents, Equity Bank’s campaign extends its support to schools through the Equi-Shield Insurance Policy. This policy serves as a protective shield for schools, teachers, and students against unexpected events such as fires and accidents.
School owners can secure their institutions by exploring this insurance offering at any of Equity Bank’s branches, ensuring a safeguarded learning environment for all.
Beyond providing financial aid, Equity Bank’s initiative opens doors for the public to generate additional income. Banking agents can capitalize on this campaign by offering banking services to schools, parents, and school staff, thereby earning extra income.
To explore these opportunities and learn more about the initiative, individuals are encouraged to visit an Equity Bank branch or engage with the bank through its various communication channels.