Origins | Solutions

Elimu Pesa was born out of the desire to see that no African child/learner fails to attend school due to lack of school fees or scholastic materials, our second thought is to enhance and stimulate education in Africa to meet current and future global demands, with parents becoming more involved and education institutions able to identify risks and mitigate them early using our software.

Founded to provide convenient and flexible financial assistance, Elimu Pesa caters to students and leaders seeking quick results, attractive benefits, and transparent conversations.

 


Elimu Pesa Platform

A membership driven education financing platform that, for the first time, enables complete end to end school management, including registration, e-learning, scheduling, communication, school fees and scholastic material loans functionality, targeting vulnerable learners in Africa.

By leveraging the growth of mobile phone and adoption of computers in Africa and other emerging markets, Elimu Pesa platform enables parents to borrow school fees and scholastic materials thus ensuring education continuity for their children. We offer un secured micro loans to learners and learning institutions, our main philosophy is to make sure leaners are at school hence promoting knowledge based societies

 

Education Sector Overview

Mobile Internet connectivity and other IT infrastructure have accelerated the adoption of online learning in Africa and globally. ICT is now a Compulsory Subject in most African schools for example in East Africa and Governments are enforcing it. The education sector in Africa is shifting to a model of concept-based learning, value based teaching and education disaster risk prevention. Parents, teachers, students and policy implementers across the continent are embracing the adoption of digital Edu-tech. To ensure education continuity in case of another pandemic lockdowns, school proprietors, Administrators and teachers are in dire need of Management training and platforms to aid them. Global Education Statistics (World Bank Education Statistics Portal & Global Finder as of 2023) 1.26 billion Enrolled students in primary and secondary schools. 69 million teachers must be recruited to provide quality education to every child across the world by 2030.

Approach

We are committed to building world-class technology that will catalyze the growth of knowledge based economies in Africa and emerging markets while creating systemic change in the way financial services are delivered on the continent.

We hope not only to provide tools, but also to educate and empower schools, learners and parents to achieve their dreams. We are starting in Uganda, Kenya Tanzania but we are building for scale.

 

 

Education Financing Solutions

  • Financing options, you can tailor to your education need
  • 3 types of education financing solutions
  • 1 simple application

School fees tuition Loans

  • Parents and Guardians of learners have opportunity to request for micro loan and pay the fees in term in order to allow the learners concentrate in class.From $20-$100
  • Schools Scholastic materials financing (Books, Shoes and Uniform. We offer financing to parents and schools to fund the books, shoes and uniforms for the learners. Up to $40

Reasons to Choose Elimu Pesa for School Fee Financing

Simple Process

One quick application. Funds as soon as same day—all to save you time.

Flexible Options

Financing amounts and term lengths that are designed to meet your education needs.

Here For You

Online doesn’t have to mean impersonal—we help you find the right solution.

Here is what you can expect when you choose ELIMU PESA for fast financing

Complete application

Go online or call us—just make sure to have your basic information ready including : proof of income ,proof of address , school admission letter bank statements at your fingertips. Our underwriting team will review your application.

2 Review your options

Expect a call from your dedicated lending expert to discuss your offers within one business day. If approved, you will choose your term, amount, and payback schedules, and then complete an easy online checkout.

Get your funds

Upon approval, you may be eligible for funding soon as the same day, and funds disbursed to designated school where your child is studying or services provider.

We know the health of your business is based on more than just a credit score. We use a combination of both technology and real people to evaluate you and your business financing needs.

How repayment works

Member’s wallet facilitate the repayment of the loan as per schedule

Payment Schedule

Choose between fixed daily or weekly payments based on what works best for you.

Tailored Options

Choose between fixed or flexible lending options based on your education needs.

Prepayment Options

You always have the option to pay back your loan early.

Accessing additional funds

We understand additional financing needs come up, and when they do, we are here for you. From your very first loan, we build a relationship with you by pairing you with a dedicated lending advisor—all to make sure you are getting the best service to address your continuing financing needs.

Faster Than the Status-Quo

Applying for traditional business financing can take several days. You have better things to do. Our process takes less than 15 minutes.

More Lending Options

Need a one-time loan you will pay back before end of the term or a revolving line of credit? We have the right financing option for your education need

A Human Experience

Have a question? Not a problem! We are here to help. You will get a dedicated lending advisor our agents to help you navigate the application process.

Hassle-Free Repayment

Daily or weekly repayments, automatically withdrawn from your wallet account.

No Specific Collateral Required

Elimu pesa term loans do not require upfront personal or business collateral we base on AI with data provided during pre-qualification stage

Builds Business Credit

We report some payments to business credit bureaus so that your on-time payments may help build business or personal credit.

We are proud to serve learning institutions and parents

ELIMU PESA loans DO NOT have hidden charges but Bank loans have A LOT OF HIDDEN CHARGES besides monthly charges. Some of these charges include:

  • Insurance fee.
  • Appraisal/ Processing Fee
  • Account Maintenance Commission
  • Accrued Interest Charges (Arrears Account)
  • Late Remittance charges
  • Premature Loan Clearance charges.

NOTE: Banks have yearly reappraisals to determine interests to charge. This implies that the interest rates will vary within the lifespan of the loan. As and when interests in the money market change (upwards), the interests on running loans are also adjusted (upwards) without giving notice to the loanee.

Why offer Fee Financing

  • Elimu Pesa is regulated by financial regulated bodies
  • Schools receive full fee payment on day 0
  • Steady cash flow increased growth
  • Ease of payment for parents- larger enrollments
  • Data privacy

  • Data collection for informed decisions
  • Sector management and sustainability
  • Developing knowledge based economy for sustainable development

Make the world more productive by enabling every individual to learn and grow. Parents' trusted option for

  • Complete online process, Collateral free loans
  • Zero processing fee, No cost EMI
  • Minimal documentation, Faster approvals

If your school is not registered with us, you may contact us at support@elimupesa.com or WhatsApp +256701300733