HELB Issues Directives on Loan Repayment for the Unemployed, Self- employed & Businessmen

The Higher Education Loans Board (HELB) has encouraged Kenyans who benefited from student loans to fulfil their repayment obligations, regardless of their current employment status or source of income.

In a message aimed at loan beneficiaries, HELB highlighted that people do not necessarily need formal employment to begin repaying their education loans. Instead, those running small businesses, engaging in freelance work or earning money through different income-generating activities can make regular contributions towards clearing their outstanding balances.

The board noted that individuals selling clothes, operating kiosks and participating in other small-scale businesses can also develop manageable repayment plans. This approach recognises the different economic circumstances facing many young Kenyans, particularly graduates who are still searching for formal employment.

The board penned down three notable ways an individual could pay for their loans i.e using a USSD Code, the HELB portal and the official HELB App as indicated below, a minimum of 1,500 per month for the categories listed above( unemployed, self- employed and businessmen, the people not formally employed).

HELB encouraged beneficiaries to start with affordable amounts and maintain consistency rather than wait until they secure well-paying jobs before making repayments. The message also emphasised the importance of supporting future generations of students. Loan repayments help replenish the funds used to finance higher education, allowing other deserving learners to access financial assistance and pursue their academic ambitions.

Through the message, the board reminded beneficiaries that repaying their loans is part of a collective responsibility towards improving access to education in Kenya. The appeal comes at a time when many young people are exploring alternative ways of earning a living amid challenges in the employment market. Small businesses, online ventures and freelance opportunities have become important sources of income for graduates seeking financial independence.

Under the campaign slogan #NdotoZetuJukumuLetu, HELB encouraged beneficiaries to take responsibility for their loans while contributing towards the educational dreams of other students.

The board’s message serves as a reminder that every contribution matters, no matter how small, provided borrowers remain committed to their repayment plans.

https://x.com/HELBpage/status/2120386696109797404?a=n65ijyaTPJEMPmRG68E&s=19

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