Laudex - Expanding Availability of Student Loans in Mexico
The project's objectives are: (i) provide access to educational funding for college students from the base of the pyramid (BOP), (ii) strengthen the professional skills of young Mexicans, increasing the opportunities to improve their income through their training institutions and careers in quality and acceptance in the labor market, and (iii) promote competitiveness in the field of educational loans, promoting the participation of a new private competitor attracting additional investment to strengthen the industry.

Project Detail

Country

Mexico

Project Number

ME-L1137

Approval Date

November 14, 2013

Project Status

Closed

Project Type

Loan Operation

Sector

EDUCATION

Subsector

HIGHER EDUCATION

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 13,250,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 10,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3076A/OC-ME-1 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
3076B/OC-ME-NE-ABNAAME Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 3076A/OC-ME-1
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 3076B/OC-ME-NE-ABNAAME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1952239923-21776
Agreement - Financial Closing - SCF
Mexico_ Loan 3076_OC-ME to Corporativo Laudex S_A_P_I_ de C_V_ SOFOM, E_N_R_ [38290559].PDF
Feb. 02, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1952239923-21781
Agreement - Financial Closing - SCF
México_ Préstamo 3076_OC-ME a Corporativo Laudex S_A_P_I_ de C_V_ SOFOM, E_N_R_ [38768687].PDF
Feb. 02, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1952239923-21777
Agreement - Financial Closing - SCF
Mexico_ Loan 3076_OC-ME to Corporativo Laudex S_A_P_I_ de C_V_ SOFOM, E_N_R_ [38768749].PDF
Feb. 02, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1952239923-21778
Agreement - Financial Closing - SCF
México_ Préstamo 3076_OC-ME a Corporativo Laudex S_A_P_I_ de C_V_ SOFOM, E_N_R_ [38314433].PDF
Feb. 02, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1952239923-21779
Agreement - Financial Closing - SCF
Mexico_ Loan 3076_OC-ME to Corporativo Laudex S_A_P_I_ [38108867].PDF
Jan. 21, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1952239923-21780
Agreement - Financial Closing - SCF
México_ Préstamo 3076_OC-ME a Corporativo Laudex S_A_P_I_ [38109067].PDF
Jan. 21, 2015
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1193090208-7
Environmental and Social Management Reports
LAUDEX- Informe de Gestión Social y Ambiental [38139915].PDF
Oct. 03, 2013
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1193090208-8
Project Abstract
Project Abstract - Laudex [38140086].PDF
Oct. 03, 2013
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1193090208-6
Environmental and Social Strategies
Estrategia Ambiental y Social - Laudex [37950377].PDF
Aug. 06, 2013
Spanish

Have an Environmental or Social issue related to IDB projects? File a Complaint