EDUFINANCE – Gowans Microfinance Bank Limited

Gowans MFB Edufinance Products:

SCHOOL FEES LOAN
Product Name & Description : School Fees Loan
Loan Category: Personal Loan
Targeted group: Parents/guardians of Students
Purpose: payment of school fees
SCHOOL IMPROVEMENT LOAN
Product Name & Description : school improvement loan (SILOAN)
Loan Category: personal loan, corporate loan & asset finance loan
Targeted group: school proprietor (as individual) or Registered schools (as a corporate body)
Purpose: Construction, upgrade of facilities, purchase of assets or working capital
TEACHERS LOAN
Product name: school teachers loan
Loan Category: personal loan
Loan type: monthly repayment loan
Targeted Group: teachers/school administrator
Purpose : Business, education or asset Acquisition

GOWANS MFB TERTIARY & VOCATIONAL INSTITUTION LOAN (TVET)
Product name: Tertiary/vocational education training student loan
Sector : Community Social and other services
Loan Category : Micro Loan
Loan or Credit Type : Education
Target Group: Mature students who are enrolled in registered or licensed TVETs
Purpose; Tertiary institution tuition fees, professional certificate, vocational apprenticeship fee and purchase of training equipment

EDU SAVEProduct name: Edusave Objective. This will enable customers to save towards their children education.Product Category; SavingsTarget group: Parents of minors and Adult Students Purpose of savings: to save towards full fees, to save (30%-40%) contribution to school fees loan, to provide collateral/equity for SFL

EDUCOLLECTIONS
Product name: EduCollections
Product Category: Fee based
Target Group: private schools and colleges.
Purpose: Collection of school fees, Collection of boarding fees, Collection of other levies, Sale of school application forms, Sale of national/ state exam registration tokens

PROPOSED SLOGAN FOR FLIERS