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Kuepa Education LTD
LAC has a rapidly growing student population from the emerging middle class and vulnerable segments who have limited or no access to good quality education. This project seeks to expand access to high-quality and affordable education in Colombia, Peru, Mexico and Chile, among others. To such end, it will support the structuring of Q2E, a venture capital fund focusing exclusively on technology based blended educational models. The project will have two components: a MIF equity investment of $5MM, and a technical assistance component of $395,000.00 in order to finance knowledge generation, supervision and evaluations.

Project Detail

Country

Regional

Project Number

RG-Q0032

Approval Date

July 17, 2013

Project Status

Cancelled

Project Type

Equity

Sector

EDUCATION

Subsector

VOCATIONAL & TECHNICAL EDUCATION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 20,000,000.00

Country Counterpart Financing

USD 15,000,000.00

Original Amount Approved

USD 5,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-13904-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-13904-RG
  • 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
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