Prodigy Finance Expands Reach to Support More International Students

NAIROBI, Kenya--(BUSINESS WIRE)--Prodigy Finance is reaching more students globally by expanding its loan services to include students from Kenya into its already expansive network of 120+ countries. This expansion comes at a crucial time as an increasing number of students from African countries are looking to international universities for higher education to gain the knowledge needed to succeed in the global job market.

“We understand that funding your education is a significant decision,” said Neha Sethi, Chief Financial Officer at Prodigy Finance. “Studying abroad can be a life-changing experience, and Prodigy Finance is here to help Kenyan students take that leap. Our loans can provide these students with the financial resources they need to pursue their dream of studying abroad.”

While talent and potential are evenly distributed globally, the same cannot be said for access to top-tier education. It is particularly evident in developing countries, where many families are unable to support the educational dreams of their children due to financial limitations and a lack of collateral.

Prodigy Finance’s innovative approach goes beyond traditional credit checks. They use alternative data to assess your potential for future success, making loans more accessible. This enables Prodigy to provide funding to students without a cosigner or collateral.

Access to global education for students from developing countries has a positive impact on their home countries. Such graduates are able to contribute to their home communities through remittances, supporting their families and local economies. Additionally, these graduates bring back valuable skills and knowledge to their host communities, fostering greater innovation and development.

Student loans offered by Prodigy Finance are designed specifically for international students aspiring for postgraduate studies abroad. With no collateral required, competitive interest rates up to 100% coverage for the total cost of attendance, and repayment terms ranging from 7 to 20 years, the company’s loans provide students with the financial support they need to pursue their studies abroad.

About Prodigy Finance

Founded in 2007, Prodigy Finance is an international student lender that has helped over 40,613 international masters students attend the world’s top universities.

• Prodigy Finance Ltd is authorised and regulated by the Financial Conduct Authority in the United Kingdom