Higher Education Financing for Low Income Students

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

Country

Regional

Project Number

RG-L1035

Approval Date

November 28, 2011

Project Status

Cancelled

Project Type

Loan Operation

Sector

Subsector

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

Environmental Classification

Total Cost

USD 30,000,000.00

Country Counterpart Financing

USD 20,000,000.00

Original Amount Approved

USD 10,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
2649A/OC-RG	Non-Sovereign Guaranteed	USD - United States Dollar	Sep. 30, 2022		Ordinary Capital	Private Sector Financing

Operation Number

2649A/OC-RG

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Sep. 30, 2022
Signed Date:
Fund: Ordinary Capital
Financial Instrument: Private Sector Financing

Can’t find a document? Request information