Original disclosure @ DFC website
Updated in EWS Mar 6, 2020
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According to bank documents, "This Project will have a highly developmental impact by expanding growth financing to private schools in India that cater to low-and middle-income youth. The Project provides flexible loans to fund new classrooms, IT equipment, bathrooms for girls, teacher training, and other learning materials. In India, the primary school enrollment rate stands at 83 percent, while secondary school enrollment rates are only 54 percent. Indian schools are also struggling to meet the material needs of their students; 37 percent of schools do not have toilet facilities, and 44 percent do not have separate facilities for girls. In addition to helping to relieve financing constraints faced by Indian private schools, the Project Company also will provide technical assistance to schools. This assistance includes evaluating and recommending improvements as well as references for high-quality service providers for English and science instruction."
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | Thirumeni Finance Private Limited | Client | - |
No contact information provided at the time of disclosure.