Home Business Absa Bank Kenya is set to finance acquisition of e-learning equipment by...

Absa Bank Kenya is set to finance acquisition of e-learning equipment by institutions and parents

Current social distancing directives by the Kenyan government has made physical attending of classes by learners impossible; as a tentative solution, institutions have instead opted to utilize available technologies and offer lessons through e-learning. However, not all institutions, parents and even learners are privileged to have resources that would acquire necessary hardware to facilitate the same.  We’ve recently seen the likes of Safaricom create partnerships with like minded organizations to donate tablets to students in urban slums to facilitate virtual learning.

As much as most learners are eager to continue pursuing their lessons online, not everything is going in their favor. A few educational content focused organizations such as longhorn have agreed to support e-learning efforts by allowing learners access to important education content on their portals. But this is not all, learners still need to have internet and a tablet or computer which can be expensive to acquire during this period.  

Absa bank has therefore agreed to offer some relief to parents and institutions during this difficult period. The financial institution will support schools to procure e-learning infrastructure including the hardware and software required for e-learning. The bank will also avail financial support to parents who need to acquire necessary hardware such as laptops for their school-going children.

The announcement was made by the bank’s managing director here in Kenya Jeremy Awori who acknowledged the difficult crisis facing the entire world in modern history. He also added that the bank was keen to provide necessary support during these tough times to enable institution continue contacting their activities during and beyond these extraordinary times.

The financial institution has also reviewed its credit terms and is offering various relief options to cushion schools against the financial difficulties presented by COVID-19. Speaking during the announcement, Awori acknowledged that some of the bank’s customers are struggling to meet their financial obligations. He therefore announced the bank will continue working with them through various payment relief options as well as the reviewed credit opportunities to provide them with much-needed continuity during this period.

LEAVE A COMMENT

Please enter your comment!
Please enter your name here

LATEST STORIES

WhatsApp could soon allow users to sync chats between iOS and android on multiple devices

If you’ve used WhatsApp for a while and at some point switched from android to iOS or vice versa, then you are...

All you need to know about Sony WH-1000XM4 Wireless Headphones and price in Kenya

We do understand the current hype favors in-earbuds which of course almost every company in the smartphone business is probably molding their...

Why you should never use a liquid screen protector on your valuable smartphone

First, I must give it to Kenyans, they’ll give you all sorts of reasons to buy their products even when they are...

How to enable data manager on Telkom Kenya line so you don’t mistakenly use airtime browsing

While data costs have really come down comparing to a few years ago, it’s still a good Idea to take charge of...

Realme C3 premiers the company’s entry in Kenyan smartphone market at an affordable price

Looking Samsung unveil its latest and greatest devices was all thrilling and somehow fulfilling for the company’s core fans, but something remained...

Airtel TV – how Airtel customers can watch TV channels, videos without a subscription

Watching premium TV channels such as BBC without a subscription? Now that’s something worth being excited about and Airtel Kenya customers might...