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Letrus: Using Technology and AI to Improve Literacy

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

Country

Brazil

Project Number

BR-Q0028

Approval Date

December 16, 2022

Project Status

Implementation

Project Type

Equity

Sector

EDUCATION

Subsector

e-EDUCATION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 6,000,000.00

Country Counterpart Financing

USD 5,000,000.00

Original Amount Approved

USD 1,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-19854-BR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-19854-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000130-1485147998-5
Donors Memorandum
BR-Q0028 Resumen Ejecutivo del proyecto.pdf
Feb. 27, 2023
English
https://www.iadb.org/document.cfm?id=EZIDB0000130-1485147998-6
Donors Memorandum
BR-Q0028 Executive Summary.pdf
Feb. 27, 2023
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1485147998-4
Profile
IDEATE 2022-11-16 Public Summary 1192 BR-Q0028.pdf
Feb. 08, 2023
English

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