Financial platform, AfriCred has announced that it has empowered African students with over US$ 3.2 million education loans.
The leading credit marketplace dedicated to fostering educational opportunities across the continent of Africa disclosed this in a press release.
It said it is proud to announce the successful facilitation of such huge amont of money with the funding for students in Nigeria, Kenya, Ghana and South Africa.
AfriCred believes that it will enable the students to pursue their academic aspirations at renowned universities across the world.
These universities are in countries such as the United States of America (USA), Canada, UK and EU with the loans at competitive interest rates of below 15% APR.
According to the statement, in today’s globalised world, access to quality education remains paramount but AfriCred is committed to breaking down financial obstacles which could students’ from achieving their dreams of studying abroad.
AfriCred through strategic partnerships and innovative financial solutions has also made significant strides in empowering countless students to realise their academic goals.
“We are thrilled to announce the successful facilitation of over US$ 3.2 million in education funding for African students,” said Siddharth Maheshwari, Managing Director & CEO of AfriCred.
“At AfriCred, we believe in the transformative power of education and are dedicated to providing students with the financial resources they need to pursue their dreams.
“In addition to traditional academic programs, AfriCred has formed strategic alliances with over 25 universities across the UK, USA, France, and Spain to offer guaranteed online degree loans.
“These loans, available for a range of courses including MBA, BBA, MSc, Doctorate, and Diplomas, come with a remarkably low interest rate of just 10% APR.
“Our partnerships with leading universities underscore our commitment to providing students with accessible and affordable education opportunities.
“By offering guaranteed online degree loans at just 10% APR, we aim to support students in their pursuit of knowledge and empower them to thrive in today’s competitive academic landscape.”
AfriCred listed HULT, Northeastern University, George Brown College, Oxford University, Edison College, GBS Malta, York University, Trent University, Pace University and many more among the prestigious institutions of learning where students have secured loans to study.
Through continued collaboration with universities and stakeholders, AfriCred seeks to ensure that every student has the opportunity to achieve their full academic potential and contribute positively to society. For submitting a loan application – log on to www.africred.org.
