Your Child's Education, Uninterrupted.
TermFund is a school fee financing company committed to helping families keep their children in school without financial strain.
Born from a Real Problem
TermFund was born out of a clear and pressing reality across Nigeria — millions of parents struggle to meet school fee deadlines. Not because they lack the means, but because payments are required in one lump sum.
Recognizing this gap, TermFund was created to provide a simple and reliable solution that allows parents to spread payments over time while ensuring schools receive full fees upfront.
Before launch, the concept was tested and validated through organic engagement, resulting in over 120 verified families joining the waitlist within just 7 days — without any paid advertising. This early traction confirmed both the demand and trust in the solution.
With a complete brand identity, functional website, and operational framework already in place, TermFund is now positioned to begin financing families and scaling across major cities in Nigeria.
Our Mission
To bridge the gap between parents' ability to afford education and their capacity to pay lump-sum school fees — so no child is ever sent home for unpaid fees.
Our Vision
To transform how school fees are paid in Nigeria — making flexible, transparent financing the standard, not the exception.
The Problem
Nigerian Parents Always Find The Money. Just Never All At Once.
“The School Doesn't Know You've Been Saving Since October. It Just Knows The Fees Aren't Complete.”
Millions of hardworking Nigerian parents borrow, beg and piece together money from four different places every term — not because they are irresponsible, but because the system demands everything at once.
9M+
Students affected by fees delays annually in Nigeria
₦2B+
Borrowed from loan apps at high interest for school fees
3x
Average number of times parents borrow to complete fees
57%
Of private schools report late or incomplete fees every term
Why I Started TermFund
Divine Chiamaka Ifeonyemetalu
Founder, TermFund
“No child should be sent home because school fees weren't paid on time.”
Growing up in Nigeria, I saw firsthand how the pressure of lump-sum school fees could disrupt a child's education and plunge families into unnecessary financial stress. Parents who were perfectly capable of paying fees over time were often forced to pull their children out of class simply because they couldn't produce the entire amount on the first day of the term.
This didn't just affect the families; it affected the schools too. Schools struggled with cash flow, delayed salaries, and the administrative nightmare of chasing down payments. It was a broken system where everyone lost.
I started TermFund to fix this. We built a system based on trust, transparency, and flexibility. By paying the schools upfront, we ensure that teachers are paid and institutions can operate smoothly. By allowing parents to repay us in comfortable monthly installments, we remove the anxiety of the "resumption day scramble."
TermFund isn't just a financing company. It is a commitment to keeping children in the classroom, where they belong, while giving parents the financial peace of mind they deserve.
What We Stand For
These aren't wall decorations. They're the principles behind every decision we make.
Family First
Every decision we make starts with one question: does this make life easier for parents?
Radical Transparency
One flat fee. No hidden charges. No surprises. You see exactly what you owe before you sign up.
Trust Over Collateral
We don't ask for your car papers or house documents. We build relationships, not debt traps.
Impact at Scale
We're not just financing fees — we're keeping children in classrooms and building a generation.
Our Partners
Frequently Asked Questions
Everything you need to know about how TermFund works and how we support your child's education.