Wednesday
August 16
2023

Kenya’s Ed Partners Secures $1.5 Million Debt Funding to Fund Affordable Private Schools

By Tom Jackson

Kenyan startup Ed Partners has secured US$1.5 million in debt funding from social impact investor Oikocredit to provide affordable financing to private schools.

Founded in 2018 by Lydia Koros and David FitzHerbert, and currently led by CEO Amos Mwangi, Ed Partners provides financing options for crucial elements of the education system, including infrastructure, technology, and transport. Its impact has already reached over 100,000 students across 350 schools.

Photo courtesy of Dominic Chavez/World Bank.

Source: Disrupt Africa (link opens in a new window)

Categories
Education, Investing
Tags
impact investing, infrastructure, lending, startups