The reopening of schools for a new term presented financial challenges for administrators and parents. The initial weeks of the term are particularly expensive, requiring immediate funds for staff salaries, food supplies, learning materials, and facility upkeep. Equity Bank is assisting schools in overcoming these hurdles by providing essential financial support. This aid aims to ensure smooth operations during this critical period before tuition payments are fully received. The bank’s intervention addresses a common issue faced by educational institutions at the start of each academic term. The Observer Media Ltd. reported on this financial assistance initiative.