Business Desk 
- Empowering Your Child’s Education Journey this new school term
As the back-to-school season approaches, parents are faced with the task of ensuring their children are well-prepared for the new term. This involves not only financial preparation but also providing the necessary support to help their learners succeed.
Practical Ways to Support Your Child’s Learning
- Set a Routine: Establish a consistent daily routine for your child that includes time for homework, relaxation, and sleep. This helps them manage their time effectively. If you have kids going back to boarding schools, they pretty much already have established routines at school, however, there is an opportunity for helping them to create their personal study and co-curricular activity timetables with a focus on the areas that you would like to see improvements on based on previous term performance.
- Create a Conducive Learning Environment: Ensure your child has a quiet and comfortable space for studying. This can significantly improve their concentration and productivity.
- Stay Involved: Regularly communicate with your child’s teachers to stay updated on their academic progress.Encourage your child to discuss their school day with you.
- Encourage Reading: Cultivate a reading habit in your child.This can greatly enhance their vocabulary and comprehension skills.
Financial Empowerment for Educational Success
In addition to the above points, providing financial support is crucial in empowering your child’s education.Equity Bank offers comprehensive financial solutions to ensure that your child’s educational needs are met without any hassle.
Boostika: You do not need to worry about not having enough cash when making a transaction or payment.Boostika is designed to make payments easy even when you do not have enough funds.When a customer’s account balance is insufficient to complete a transaction, such as when making a payment, sending money, or buying airtime using *247#, Equity Mobile App, or Equitel, Boostika allows them to seamlessly add the needed funds without exiting the payment process.
Imagine you’re getting ready for the school season, planning to pay for your child’s school fees and shopping. Using the Equity Mobile App, Equitel, or *247#, you initiate the transactions, however, as you finalize your school-related expenses, you realize your account balance might not cover the entire cost.
Don’t worry! You’ll receive the BOOSTIKA prompt. This prompt displays your limit, and the amount needed to complete the transaction. Accept the prompt and the T&Cs. An SMS notification will be sent to confirm and complete the transaction.
It’s that simple! Now, your school fee and shopping are taken care of hassle-free. With a repayment period of up to 30 days, Boostika is perfect for parents ensuring their children’s educational needs are always met.
- Accessible Instant Loans: For those times when you need a financial boost, Equity Bank’s instant loans are readily available on your mobile phone. You can get a cash boost to cater for all your back-to-school needs such as fees payment or back to school shopping or related costs.
You can access a loan of up to Kshs. 3million instantly on your phone. You don’t have to fill in any forms or have any guarantors. What’s more, you can monitor your loan balance and make repayments by simply dialing *247# on your current mobile line, via Equitel line or Equity Mobile App.
If not a “Member” dial *247# and open an account Hapo Hapo.
- Flexible Shopping Options: Equity’s range of debit and credit cards, including American Express Card, Mastercard, and VISA, simplifies the process of purchasing school supplies. The newly enhanced prepaid card for students also allows for secure management of pocket money. You can pay for your back-to-school shopping at supermarkets or fuel stations using Equity Debit or Credit cards. Simply use your Equity Mastercard, Visa or American Express Card to pay for goods and services at shops, supermarkets, restaurants, hotels, petrol stations, hospitals, salons, barbershops and any other outlets displaying the Equity, Mastercard, VISA or American Express (AMEX) sign. Paying with your Equity card is absolutely FREE!
- Pay With Equity;
- Paybill solution for schools: This is a solution that enables you to pay from any payment channel, whether it is Mpesa, Airtel Money, PesaLink, Equitel or Equity Mobile App. Using the Paybill number 247247.
- Equity Till Number: You can send school fees directly to the school’s account and pay for shopping anywhere you see the Equity Till Number sign for FREE e.g. at supermarkets, uniform sellers, bookshops, etc. All you need is to input the merchant’s Equity Till Number. Pay With Equity is available when you dial *247# on your line, your Equity Mobile App and Equitel line.
Remember that paying to an Equity Customer or Equity channel from your Equity App, Equitel, Equity online is FREE. There is no charge.
- Multiple Payment Options: Utilize Equity Bank’s convenient platforms such as Equity Mobile App, Equity Online, *247#, Equitel or Equity Agents to settle school fees directly with educational institutions. With *247#, Equitel, Equity Mobile App and EVA Chatbot, you can pay for goods and services at supermarkets or uniform shops, check your account balance or pay school fees by sending money straight from your phone to the school’s bank account. It’s secure, simple and convenient.
Dial *247# and activate your access to your Equity account. Pick your Equitel 5G SIM today at any Equity Branch or select Equity Agents or download your Equity Mobile App today on Google Play Store or the App Store to experience back to school convenience.
You can also take advantage of Equity Online platform that allows customers to do banking using their laptops or desktops. Equity Online is a secure banking platform that enables you to pay for school fees directly from your account to the school’s account. All you need to have is the school account number to make the payment and the fees paid is received by the school immediately.
By implementing these strategies and leveraging Equity Bank’s financial solutions, parents can empower their children to thrive academically and embrace the opportunities of the new school term.
