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Education Loan
Any loan provided as financial assistance to individuals who are from poor families but who have excellent academic performance and a strong commitment to attaining higher/ professional/ technical education.
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| Lending Methodologies |
Individual
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| Loan Size |
Up to USD 2,000
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| Loan Term |
3 - 60 months
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| Interest Rate |
All loans are provided with a competitive and reasonable interest rate.
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| Repayment Mode |
All loans are tailored to best meet the applicants’ business cycle and cashflow.
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| Client Eligibility |
Additional criteria for those who wish to apply for Education Loan:
• Aged 15 to 40 years old.
• Have a good academic performance record.
• Have secured admission to a licensed school/ university/ technical training center with a good reputation.
• Have co-borrower(s) who are able to provide collateral sufficient to guarantee payback of the applied loan amount and meet general eligibility criteria set by VisionFund
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| Additional Benefits |
• Have opportunities to participate in financial education.
• Be entitled to annual lucky draws
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