A section youths have shown defiance in settling loans given to them by the Higher Education Loans Board (HELB).
The unapologetic loan defaulters have vowed not to settle their loans even after the Commission threatened to take a swift action of naming and shaming the 85,000 debtors.
In a viral video, a group of university students openly dared the commission to go after then as they ‘Can’t Pay, and Won’t Pay’ the loan and nothing can scare them to do so.
— The Langat™ (@ItsDommyLangat) November 18, 2019
In a memo released on November 18, Helb stated that it will unleash a tough course of action to coarse the debtors to adhere to their terms and conditions.
“Please take note that names and photos of loan beneficiaries who have defaulted repayment of the loans from 1975 will be published in the leading newspapers after expiry of 30 days from the date of this notice,” read the notice.
However, the new tactic seems to be dead on arrival as the defaulters have proven to be unperturbed by the planned naming and shaming, instead, they have rejoiced in the publicity that will be given to them.
The youths have shown defiance alluding to how they are used to such threats as a result of loans they have from private money lending organizations such as Branch, Tala, Mshwari, Okash, and others.
HELB thinks publishing names of defaulters who haven’t paid since 1975 is going to make them pay. pic.twitter.com/PlMh9VUVXT
— Kimanzi®™ (@Kimanzi_) November 18, 2019
Message to HELB: Yiu can’t pickpocket a naked man, go to hell with your threats, Kenyans have bigger things to worry about than being published on a newspaper plus don’t your lawyers read news to know there’s a data protection bill? Publish n wait for the stick hapo nyuma.
— Bel Akinyi (@BelAkinyii) November 18, 2019
Loan Principal: 90, 000ksh
Loan Balance: 279, 250ksh
Helb: Pay in 30 days or else…
— ✪DrOO•🌍 (@DrOOelm) November 18, 2019
In the heat of unemployment in Kenya, the jobless nation last week unleashed their rage on President Uhuru’s daughter, Ngina Kenyatta.
Ngina received harsh criticism from members of the public for her youth empowerment speech at the African Philanthropy Forum whose theme was “Accelerating Youth Employment in Africa.”
“It is a pleasure for me to be part of a forum discussing such an important issue that affects us throughout the continent. There’s a saying, give a man a fish and feed him for one day, show him how to fish and feed him for a lifetime,” Ngina said.
“We come from a continent of immense greatness and it is now our time as the youth to address and find solutions to the issue of unemployment by going into new and innovative fields,” she added.
Ngina Kenyatta on youth empowerment pic.twitter.com/DcEghgX8vs
— Daily Nation (@dailynation) November 16, 2019
Her message was not well received by Kenyans who blamed the increase of unemployment rates in the country on the poor leadership of her father.
Heheheh Ngina Kenyatta is a director without any valid certifications. I am here with my degrees and I can't even direct my life. Don't tell me about youth empowerment, just tell I was born in a wrong family. #NginaKenyatta
— Collins Moti (@CollinsMoti2) November 16, 2019