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RG-L1035 : Higher Education Financing for Low Income Students

Project Status: Cancelled

The objective of this Project is to contribute to the development of student loan as a tool to improve access of low income people to higher education, using microfinance institutions as a vehicle. With IMFs as a distribution platform, the idea is that microentrepreneurs and their relatives with enough motivation and aptitude to pursue higher studies, can carry out their formation without compromising the income from their business, which usually represents the family¿s sustain and the viability of their micro-businesses.

Project Detail

Project Number
RG-L1035
Approval date
November 28, 2011
Project Country
Regional
Project Sector
Project Subsector
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Cancelled
Operation Number
2649A/OC-RG

Financial Information

Project Number
RG-L1035
Project Status
Cancelled

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Project Information

Total Cost
USD 30,000,000
Country counterpart financing
USD 20,000,000
Amount
USD 10,000,000

Preparation

Title
Type
Project Number
Date Published
Project Abstract
RG-L1035
September 15, 2011
Environmental & Social Strategies
RG-L1035
September 15, 2011