Loan Características and Loan Performance at Higher Education Loans Board in Kenya

Abstract

The aim of Higher Education Loans Board is to enhance access and retention of qualified needy students in university education through loans. The main objective of this study is to determine the loan characteristics and the effects they have on loan performance among students' loanees owing Higher Education Loans Board. The study also seeks to study the specific variables which include effect of loan size, interest rate and loan tenure on loan performance and the moderating effect of unemployment on the relationship between loan characteristics and loan