Author: Rooy

HELB’s Next Move: KRA to Help Hunt Down Student Loan Defaulters in the Informal Sector. The Higher Education Loans Board (HELB) is set to partner with the Kenya Revenue Authority (KRA) to enhance the recovery of outstanding student loans from beneficiaries operating within Kenya’s informal sector, as the board intensifies efforts to address persistent loan defaults. Speaking during a KTN interview on July 8, HELB Chairperson Ekwee Ethuro stated that the informal sector has remained one of the institution’s biggest challenges in loan recovery because borrowers outside formal employment are not subjected to automatic salary deductions, unlike those employed in…

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