Kenya’s Ed Partners Secures USD 10 M DFC Loan To Expand

Kenya’s Ed Partners Africa, a non-banking financial institution that specializes in providing loans to affordable private schools, has announced the commitment of a USD 10 M loan guarantee facility from the United States’ Development Finance Corporation (DFC) to help it expand access to affordable education. The loan, once disbursed, will facilitate the expansion of accessible, high-quality education opportunities in Kenya by providing essential financial support to these schools.

Ed Partners provides financing options for crucial elements of the education system, including infrastructure, technology, and transport. The startup provides infrastructural loans to educational institutions to support the construction of new classrooms, washrooms, laboratories and dormitories, as well as the acquisition of computers, buses, vans, and internet connectivity.