NSFAF policies entrap unemployed youth in debt

NSFAF policies entrap unemployed youth in debt

NSFAF policies entrap unemployed youth in debt

Stefanus Nashama In a passionate plea, Parliamentarian and Lawmaker Inna Hengari from the Popular Democratic Movement (PDM) has called for a thorough review of the Namibia Student Financial Assistance Fund (NSFAF) policies governing loan conditions for students. Hengari made this impassioned appeal during her recent parliamentary address, where she urged NSFAF to explore ways to incentivize loan beneficiaries to pursue entrepreneurship and job creation after completing their studies. According to her, the current six-month grace period for repaying NSFAF loans is inadequate and leads to a troubling situation where unemployed graduates find themselves burdened with debt shortly after receiving their…
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