Prodigy Finance Extends Loan Services to Nigerian Students, Empowering Global Education
ABUJA, Nigeria, April 30, 2024– In a groundbreaking move to promote global education and support aspiring students, Prodigy Finance has announced the extension of its loan services to students from Nigeria. This development comes as part of the company’s commitment to empowering students worldwide and providing them with the financial support they need to pursue their academic aspirations.
With this expansion, Prodigy Finance now offers its loan services to students from over 150 countries, enabling ambitious individuals to finance their postgraduate studies abroad without the burden of upfront costs. This initiative aims to break down financial barriers that often prevent students from developing countries from accessing quality education opportunities.
Neha Sethi, Chief Financial Officer at Prodigy Finance, expressed the company’s dedication to ensuring that financial limitations do not hinder students from achieving their educational dreams. “We are committed to empowering students globally to realize their dreams and contribute meaningfully to the world,” Sethi stated.
Unlike traditional financial services that impose strict criteria for loan approval, Prodigy Finance’s innovative approach evaluates students’ future earning potential and academic choices to determine creditworthiness. This inclusive model allows deserving students with limited credit history to access the funds they need to pursue their education without the need for collateral or a co-signer.
Furthermore, Prodigy Finance offers a range of loan options tailored to students’ needs, including funding for tuition fees and living expenses. The company’s extended repayment terms, ranging from 7 to 20 years, provide students with flexibility in managing their finances post-graduation.
Founded in 2007, Prodigy Finance has already assisted over 40,613 international master’s students in attending the world’s top universities. The company’s expansion to Nigeria signifies a significant step towards promoting global education and empowering students to achieve their academic and career goals.