The Institute of Finance Management

Posted On : 2024-04-02

THE SIGNING OF AN MOU BETWEEN IFM AND HESLB THROUGH THE HEET PROJECT ON MARCH 28, 2024

On this day, 28th March 2024, the Institute of Finance Management (IFM) and the Higher Education Students' Loans Board (HESLB) signed a Memorandum of Understanding (MoU). Acknowledging the strategic partnership between the two institutions, the IFM Rector, Prof Josephat Lotto, stressed that IFM is tasked to prepare and produce qualified graduates who are in demand in the market. Consequently, HESLB is a crucial enabling factor that enables students to learn and acquire the needed skills by providing loans to cover their school fees and stipend.

On an equal note, the HESLB Executive Director, Dr. Bill Kiwia, says the MoU benefits both IFM and HESLB. The pact will enable the integration of their systems to ensure smooth and swift provisions of loans to qualified and deserving students, hence serving the students time for the whole process. Second, through research, IFM, HESLB and the industry could develop interventions to ensure employability and, thus, quicker loan recovery.

Key personnel from IFM and HESLB were present to witness the event and consequently ensure its implementation as discussed.