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Our Loans BFS Loan Product

Ada Loan

School-fee financing for parents and guardians, allowing education costs to be paid conveniently and repaid in installments.

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Who can apply?

Eligible applicants

Parents and guardians

Loan AmountBased on invoice and repayment capacity
Loan PurposeSchool fee payments
Loan TermUp to 12 months, or aligned to the school term
RepaymentMonthly installments
Features

School-fee financing for parents and guardians, allowing education costs to be paid conveniently and repaid in installments.

  • School fee payments
  • Term: Up to 12 months, or aligned to the school term
  • Repayment: Monthly installments
  • Reviewed during assessment
Benefits
  • Reviewed by a dedicated BFS branch and risk team, not an automated decision
  • Clear repayment schedule agreed before disbursement
  • Ongoing support from your account officer through repayment
  • Transparent terms with no hidden charges
Requirements

Eligibility

  • Parents and guardians
  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type

Collateral

  • Reviewed during assessment

Documents

  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type
  • Photos or documents of collateral where required
FAQs

Questions about Ada Loan

Who can apply for the Ada Loan?

Parents and guardians.

How much can I borrow?

Based on invoice and repayment capacity.

How long do I have to repay?

Up to 12 months, or aligned to the school term, repaid monthly installments.

Ready to apply?

Start your Ada Loan application now.

Fill in a short online form with your details and the amount you need. The BFS team will contact you to confirm documents, assess repayment capacity, and guide you through the next steps.

Start Application
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