Edu Loan

Invest in Education, Without Delay

Edu Loan – Funding Education From Your One Bob Savings

School fees rarely wait for convenient timing. The Edu Loan lets members with a One Bob One Day Account unlock a higher borrowing limit specifically to cover school fees, exam fees, or other education-related expenses — without disrupting their savings momentum.

Because education is a priority investment, the Edu Loan offers a more generous limit than the standard Flexx Loan, while keeping the same simple, member-friendly structure.

  • Edu Loan Terms

    Key loan details:
    • Eligibility: Must have an active One Bob One Day Account.
    • Loan Limit: Up to 80% of your total One Bob One Day Savings.
    • Security: The balance held in your One Bob One Day Account.
    • Interest Rate: 36% p.a. (equivalent to 3% per month on a reducing balance).
    • Loan Range: Min Ksh 10 · Max Ksh 1,000,000.
    Interested in Joining? Contact us
  • Why the Edu Loan Stands Out

    Designed around school terms:
    • Higher Limit – Up to 80%, more than the standard Flexx Loan.
    • No Collateral Needed – Secured entirely by your own savings.
    • Term-Aligned Disbursement – Quick turnaround to beat school fee deadlines.
    • Keeps You Saving – Borrowing against savings still leaves your account growing.
    Interested in Joining? Contact us
  • How to Apply

    Getting your Edu Loan:
    • Confirm your One Bob One Day Account balance meets your fee requirement.
    • Apply for up to 80% of your savings through the Member Portal or our offices.
    • On approval, funds are sent directly to your registered M-Pesa number or school paybill.
    • Repay at 3% per month on a reducing balance, at your own pace.
    Interested in Joining? Contact us