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School Insurance In Guinea: NSIA School Loan; a solution to help parents of students during the crucial period

06/09/2023
Source : ORISHAS FINANCE
Categories: Companies

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Education for children is often very expensive, especially during the first day of school. These periods are a source of financial stress for parents of students. To this end, NSIA Banque Guinée has launched “NSIA

School Loan” in order to support them during this crucial period.

The school loan put at the disposal of parents of students by NSIA Banque Guinée is in the amount of 10 million Guinean francs. Registration has been open since September 1, 2023 and will end on September 30 of the same month. To benefit from this loan, parents will have to provide applications whose fees amount to 125,000 GNF. The loan is repayable in a maximum of 10 months with an annual interest rate of 5%. The guarantees are death and disability insurance and irrevocable salary residency. In reality, the school loan from NSIA Banque Guinée is a short-term loan intended for any employee (private or public), business leaders and any other actor in the informal sector to help prepare calmly for the start of the

school year.

With this loan, parents have the possibility of receiving a credit at a Preferential Rate, the speed of implementation, in a maximum of 72 hours, the immediate availability of funds and the flexibility in repayment.

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