Kuppet wants banks stop teachers’ loan deductions over corona pandemic

Kuppet wants banks stop teachers’ loan deductions over corona pandemic

The Kenya Union of Post-Primary Education Teachers (Kuppet) has asked the tutors’ employer to stop loan deductions during the Covid-19 pandemic.

Kuppet secretary-general Akelo Misori said the Teachers Service Commission should work with financial institutions with a view to having the deductions stopped until the pandemic is declared over.

“We have received complaints from teachers about banks deducting loan interest for March,” he said.

Last month, the government asked banks, saccos and other financial institutions to provide relief on loan repayments as the country battles coronavirus.

Mr Misori said the directive applies to loans that were running at the time it was issued.

“While many financial institutions have obeyed the directive and suspended interest during this period, others are dragging their feet or creating unnecessary hurdles on a policy that should benefit every worker,” he said.

The union added that many teachers live far from their stations or their bank branches and find it difficult to make individual applications for the waiver.

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