Nigerian Students can now get access to Tuition Loans as AfriCred Launches

One major problem that Nigerians have had over and over with education is how to get money to pay for their tuition. Recognizing this problem, AfriCred, an upcoming fintech company, has thought of partnering with top financial companies in Africa to make life easier for all African students. 

AfriCred offers long and short-term loans to students via various financial institutions. These loans can cover school fees, and living expenses, and even encourage students to take on more educational pursuits. Although the fintech startup is based in Lagos, Nigeria, it has a presence in Dubai, Kenya, and Spain where it offers the same services to students in the region. 

To ensure that all these ideas work out well, AfriCred simplifies the loan application procedure by offering different top global and Africa-centric lenders at competitive interest rates, accompanied by excellent customer service. 

So far, the company has formed special collaborations with more than 35 universities worldwide, including institutions in the USA, Canada, Malta, and the European Union, enabling a seamless tuition fee payment process with just one click.

In the words of Chris Velasco of Edison College, Canada, a partner to AfriCred, "We are super excited to partner with AfriCred to help our students in Nigeria and Kenya access higher education financing and fee payment and very happy with the feedback of the students – We look to strengthen the exclusive partnership." 

Also, the Director at Pro-U Education, Dr Piyush Jain confirmed the necessity of loans in education, especially for people who want to study outside the country. We can finally support our study abroad aspirants with an entire financial suite of solutions from loans and proof of funds to remittance and travel cards.” He stated. 

According to the CEO of AfriCred, Siddharth Maheshwari, the goal of the company is to empower students through accessible and cost-effective credit options. He stated further that this can only be achieved by establishing strong partnerships with global financial institutions that offer loans at competitive interest rates, eliminating the need for collateral.

The Senior Manager at AfriCred, Jerry Opara corroborated the CEO's statement by sharing that the company Is also partnering with different study-abroad businesses and higher education consultants that would help them support students with all that they need.

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