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African Startup Funding Tracker

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Kenya’s Ed Partners Secures USD 1.5 M Debt Funding To Fund Affordable Private Schools
Kenya’s Ed Partners Secures USD 1.5 M Debt Funding To Fund Affordable Private Schools

Kenyan startup Ed Partners has secured USD 1.5 M in debt funding from social impact investor Oikocredit to provide affordable financing to private schools. The company plans to use the funds to offer more affordable loans to Kenyan private 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.