Aspira Kenya and Moringa school have launched a partnership to enable students to access the Soma Loan education financing facility as they seek to acquire critical market-driven skills in technology.
Students will access finance to purchase laptops and hi-tech machinery, desks, chairs, and other resources they need to start off on their professional or entrepreneurial journey through the partnership.
Cim Financial Services Ltd CEO Mark van Beuningen noted that financing education is a critical investment in the future of Kenya.
“It helps to promote social and economic development, reduce poverty, and enhance the overall quality of life for Kenyan citizens, irrespective of their socio-economic background,” he said.
On his part, Snehar Shah, Moringa School CEO said Kenya is having a challenge producing skilled workers that understand how to use technology to solve problems and build a workforce.
“Wiith such competencies these trainees require affordable and flexible financing to see them through their respective courses,” he noted.
Further, he noted that despite the marketability of tech courses, many deserving students face challenges to pay the course fees, which is why having a financing partner will be of benefit to students.
Moringa School is a multi-disciplinary learning accelerator committed to closing the skills gap in Africa’s job markets by delivering transformative tech-based learning to high-potential job seekers, and on graduation connecting them to local and international employers who desire high-quality tech talent.
Through the introduction of its 5-6 month Software Development and Data Science Bootcamps, the school has trained over 7,000 learners from diverse backgrounds and experiences while channelling their motivation to learn and grow through a market-aligned curriculum.
Aspira has unveiled plans to partner with more schools, universities, and professional training institutions in Kenya to enable them to focus on their core business while Aspira assists with the financing of the course fees.