Ânima Educação (“Anima” or the “Company”), an existing IFC strategic client is a quality-focused publicly-listed education company in Brazil, which operates private universities and online executive education, in various segments and regions of the national market. As of October 2019, it had 50 academic centres in the states of Minas Gerais, São Paulo, Santa Catarina, Paraná, Goiás, Bahia and Sergipe through its brands UNA, UniBH, USJT, SOCIESC, AGES, HSM, EBRADI and Le Cordon Bleu (Joint Venture), serving approximately 115,000 students. Its university-level education is geared toward lower-middle to middle-income undergraduate students.IFC's proposed investment in this transaction is an A/B loan of up to BRL 450 million equivalent in USD (USD 110 million) to finance the recently acquired AGES University Centre, a 5,6K top quality university group in the States of Bahia and Sergipe (Northeast of Brazil), with a relevant positioning in medical courses as well as other expansion plans.
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/