Education Loans

Education Loans

We are continuing to provide our interest free Educational Loan (E-loan) project that provides educational opportunities to children whose families cannot afford fees associated with basic education (unless they were too sell their assets or securing a usurious loan). The initial enrolment fee for school is quite high in Indonesia and is more than most can afford. Our “Education Loan” program is offered with 0% interest and has a 12-month repayment term. This loan has special requirements. It requires clients to provide “notification from the school of the amount needed” when they apply for the loan and must agree to provide PPMK with a receipt of the fees paid to the school after the loan is granted.