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BR-Q0028 : Letrus: Using Technology and AI to Improve Literacy

Project Status: Implementation

The objective of the project is to consolidate the operations of Letrus, which offers an AI-driven in-school literacy program that serves as an official program and curriculum for schools, and the company's product development in Brazil, including an accelerated launch of the B2G (government, public schools) business model.

Project Detail

Project Number
BR-Q0028
Approval date
December 16, 2022
Project Country
Brazil
Project Sector
EDUCATION
Project Subsector
e-EDUCATION
Project Type
Equity
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Implementation
Operation Number
EQU/MS-19854-BR

Financial Information

Project Number
BR-Q0028
Project Status
Implementation

IDB Financing

Financing type
EQU
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jan/30/2023

Roles & Responsibilities

Project Information

Total Cost
USD 6,000,000
Country counterpart financing
USD 5,000,000
Amount
USD 1,000,000

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