|Asset Classes||Private debt|
|Impact strategy||Financial Inclusion|
|Aligned with SDGs|
Shiksha Finance (Shiksha means education in Sanskrit) in India has set out a very clear goal: improving access to and quality of primary and secondary education for the 3-17 age group.
The primary and secondary education sector in India, also called K12, faces two significant challenges: increasing dropout rates and out-of-school children, and poor quality of education. Shiksha seeks to address these challenges by providing loans to affordable private schools for primary and secondary education to improve their infrastructure or expand their capacity.
The loans provided by Shiksha vary from USD 500,000 to USD 10 million. These are used to build an extra classroom, a new lab, or better facilities for the children. Since its inception, the institution has financed over 2,000 affordable private schools in the southern part of the country, impacting the lives of over one million children.