Bayport Financial Services, a micro lending institution in Tanzania, has launched an Education Protection Policy aimed at securing the education of children in case their parents or guardians pass away. With a minimum payment of TZS 2,500 per month, the child's basic education costs are covered by up to TZS 3 million.
Speaking at the launch of the product recently, Bayport Marketing Manager, Ngula Cheyo said the company's aim was to come up with a product which was new in the industry and catered for the mass after seeing that there was a huge gap.
Speaking at the launch of the product recently, Bayport Marketing Manager, Ngula Cheyo said the company's aim was to come up with a product which was new in the industry and catered for the mass after seeing that there was a huge gap.
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