Parliamentary Committee Considers Cutting HELB Salary Deductions from 25% to 15%
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Lawmakers in Kenya are reviewing a proposal to reduce loan repayment limits. The plan suggests lowering the maximum monthly deduction for HELB loans from 25% to 15% of a graduate's salary. This change is intended to reduce the financial burden on borrowers.
Kenyan lawmakers are reviewing a proposal to lower the maximum monthly HELB loan repayment from 25% to 15% of a graduate's salary, aiming to ease repayment burdens.