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ME-L1137 : Laudex - Expanding Availability of Student Loans in Mexico

Project Status: Closed

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

Project Number
ME-L1137
Project Country
Mexico
Project Sector
EDUCATION
Project Subsector
HIGHER EDUCATION
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Closed
Operation Number
3076A/OC-ME-1

Financial Information

Project Number
ME-L1137
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/29/2023

Roles & Responsibilities

Contract signature date
Jul/24/2014
Operation Number
3076B/OC-ME-LX-IFFSLXB

Financial Information

Project Number
ME-L1137
Project Status
Closed

IDB Financing

Financing type
PAR
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/29/2023

Roles & Responsibilities

Contract signature date
Jul/24/2014
Operation Number
3076A/OC-ME-2

Financial Information

Project Number
ME-L1137
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/29/2023

Roles & Responsibilities

Contract signature date
Jul/24/2014
Operation Number
3076B/OC-ME-AT-CHRIRHB

Financial Information

Project Number
ME-L1137
Project Status
Closed

IDB Financing

Financing type
PAR
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/29/2023

Roles & Responsibilities

Contract signature date
Jul/24/2014
Operation Number
3076B/OC-ME-NE-ABNAAME

Financial Information

Project Number
ME-L1137
Project Status
Closed

IDB Financing

Financing type
PAR
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/29/2023

Roles & Responsibilities

Contract signature date
Jul/24/2014
Operation Number
3076B/OC-ME-1-US-IAOFBEA

Financial Information

Project Number
ME-L1137
Project Status
Closed

IDB Financing

Financing type
PAR
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/29/2023

Roles & Responsibilities

Contract signature date
Jul/24/2014

Project Information

Total Cost
USD 13,250,000
Country counterpart financing
USD 0
Amount
USD 10,000,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Management Reports
ME-L1137
October 03, 2013
Project Abstract
ME-L1137
October 03, 2013
Environmental & Social Strategies
ME-L1137
August 06, 2013

Approved

Title
Type
Project Number
Date Published
Agreement - Financial Closing - SCF
3076A/OC-ME-1;3076A/OC-ME-2;3076B/OC-ME;ME-L1137
January 16, 2014
Agreement - Financial Closing - SCF
3076A/OC-ME-1;3076A/OC-ME-2;3076B/OC-ME;ME-L1137
January 16, 2014
Agreement - Financial Closing - SCF
3076A/OC-ME-1;3076A/OC-ME-2;3076B/OC-ME;ME-L1137
January 16, 2014
Agreement - Financial Closing - SCF
3076A/OC-ME-1;3076A/OC-ME-2;3076B/OC-ME;ME-L1137
January 16, 2014
Agreement - Financial Closing - SCF
3076A/OC-ME-1;3076A/OC-ME-2;3076B/OC-ME;ME-L1137
November 14, 2013
Agreement - Financial Closing - SCF
3076A/OC-ME-1;3076A/OC-ME-2;3076B/OC-ME;ME-L1137
November 14, 2013