This loan is designed for parents or guardians strictly for the payment of their children’s school fees. It helps to ease the cash flow burden associated with school resumption period.



  • Loan amount ranges from N100,000.00- N500,000.00 per child (Maximum of four (4) children eligible)
  • Convenient repayment period of up to Six months.
  • Turn-around time ¬†within 24hours upon receipt of all requirements
  • This product can run concurrently with any of our loan products.
  • Loan is restricted to school fees (School fees invoice must be presented)
  • Monthly repayment schedule in line with salary dates.
  • The borrower will issue post-dated cheques/direct debit mandate payable to Addosser MFB from his/her salary account.
  • Funds will be credited directly to the travel school.