A KCB branch in Nairobi. The bank currently supports over 23,000 learning centres. FILE PHOTO | NMG
KCB has reaffirmed its commitment to sponsor the upcoming head teachers’ conference in Mombasa.
The
bank committed Sh20 million to the Kenya Secondary School Heads of
Association (KESSHA), ahead of their 44th Annual National Conference,
scheduled for Monday next week.
The annual convention
is set to bring together more than 7,000 school principals drawn from
private and public learning institutions across the country, to
streamline all efforts being realised in the Education sector.
“We
believe that education for all is an integral part of the global push
to end extreme poverty, boost shared prosperity, and achieve the
Sustainable Development Goals. To this end, we continue to support the
strengthening of the education system to deliver quality learning for
all” said Annastacia Kimtai, the KCB Bank Kenya Retail Director.
KCB
Bank currently supports more than 23,000 learning centres by developing
products and services tailored to allow for a seamless experience in
education financing.
In an effort to help schools implement a smooth and seamless
payment process for parents as well as reduce the risk of theft of
school funds, KCB Bank launched two innovative products KCB Lipa Karo
and Malipo Portal to counter these challenges.
“The
innovations allow for parents guardians to pay fees directly from their
individual accounts to the school account and conveniently make payments
from any location instantly and securely,” Ms Kimtai said.
With
the availability of Malipo Portal, banking time and possible
inefficiencies have been eliminated by the platform. She added that
officials in learning institutions have unlimited access to school fees
and can make real time confirmation of payments from an agent, branch or
the M-Pesa Lipa Karo platform.
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