About Chancen International

CHANCEN International Rwanda is a not-for-profit organization that provides an ethical, fair, and responsible financing model for young people in Rwanda and in Africa to access quality tertiary education. This model of financing is called an Income Share Agreement (ISA).

What is Income Share Agreement?

An Income Share Agreement (ISA) is a fair and ethical way for you to finance your education without creating any burdensome debt. You get the freedom to focus on your studies without any pressure and enter the world of work focusing things that really matter.

Benefits of Income share Agreement (ISA)

• ✔ You study now and pay later.
• ✔ You start paying when you start making an income.
• ✔ You only pay a certain percentage of your net income during repayment.
• ✔ Your repayment is capped so that you are not saddled with debt.
• ✔ Your repayments go towards the fund for the next generation.

Requirements for applicants

• ✔ An applicant should be unable to finance 100% of their studies.
• ✔ An applicant should be 18-35 years old.
• ✔ An applicant must have successfully completed the admission process at INES Ruhengeri.
• ✔ An applicant should have a clean Credit Reference Bureau report (no existing loans).
• ✔ An applicant should have: an ORIGINAL National ID, Passport Photo, and Residence forms.
• ✔ An applicant should pay a non-refundable application fee of 10,000 Rwf.
• ✔ An applicant should have two (2) Guardians.

Requirement for guardians

• ✔ Guardians should be between 25-65 years old.
• ✔ Guardians should be Rwandans.
• ✔ Each guardian should provide their ORIGINAL national IDs, 1 Passport photo, and their Residence forms.

Contact

For any enquiry/information:
Call 078 932 00 01

Important Notice

Applying does not guarantee you that Chancen will select you. All applicants must go through a selection process.