Reference:
20160159
Release date: 5 April 2016
Release date: 5 April 2016
Promoter – Financial Intermediary
FUNDAPECLocation
Description
Long-term loan to FUNDAPEC, an NGO providing student loans in the Dominican Republic
Objectives
Financing of higher education loans for students
Sector(s)
- Education - Education
Proposed EIB finance (Approximate amount)
EUR 5 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 22/05/2017
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).