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Students to Repay Loans Through Airtel Money
[March 28, 2014]

Students to Repay Loans Through Airtel Money


(AllAfrica Via Acquire Media NewsEdge) AIRTEL Tanzania has partnered with the Higher Education Students' Loans Board (HESLB) to introduce loan re-payment solution via Airtel Money service.

The partnership will enable graduates from various universities in the country to repay their loans via Airtel Money service and thus smoothen loan repayment collection.

Speaking during the launch, Airtel Public Relations Officer, Jane Matinde, said "we have integrated our system to create a platform for our customers to repay their student loans through Airtel money service.

"We guarantee our customer quality service that is reliable, affordable with desired competitiveness that is available all over the country through more than 35,000 agent network,"she said.

To access the service customer should dial 150*60# then select 5 bill payment then 8 for other service then enter HESLB, enter amount, reference number and pin and send," he added.



Director for Loan Repayment and Recovery, Mr Juma Hamisi Chagonja, said, "this service comes at the right time considering that some of our loan beneficiaries whose repayment time is due, do experience long and tiresome queues at the banks.

"Some of the banks do not have enough branches all over the country." Bharti Airtel Limited is a leading global telecommunications company with operations in 20 countries across Asia and Africa.


Headquartered in New Delhi, India, the company ranks amongst the top four mobile service providers globally in terms of subscribers.

Copyright Tanzania Daily News. Distributed by AllAfrica Global Media (allAfrica.com).

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