Prodigy Finance Limited (DFC-9000104381)

  • World
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Prodigy Finance Limited
The holder of the loan, grant, or other investment.
  • Education and Health
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
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Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Dec 1, 2020

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Project Description

Prodigy Finance Limited, a company incorporated under the laws of England and Wales (“Prodigy”), will originate, underwrite and service (i) eligible graduate school  student loans for students from DFC-eligible countries to obtain graduate degrees from top universities globally and (ii) $5,000,000 of eligible student loans for students attending top coding academies globally. Those loans will be sold by Prodigy to the borrower, a special purpose vehicle (the “SPV”) domiciled in Ireland.

This transaction is a $200 million increase to a $50 million loan that was approved by OPIC in 2019. The SPV will use the proceeds of the aggregate $250 million senior DFC loan (the “DFC Loan”) and subordinated loans to purchase and fund the student loans (the “Project”).

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors
Contact Information

Project contact information not provided at the time of disclosure.



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