Higher Education Finance Fund

About Higher Education Finance Fund

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About company

HEFF is a US $34 million pilot fund aimed at addressing this need through microfinance institutions in Guatemala, Honduras, Bolivia, Peru, Paraguay, and the Dominican Republic. The Fund will permit access to higher education to those segments of the population that have motivation and intellectual capacity but find themselves excluded from publicly funded universities and/or scholarship programs, and do not have the monetary resources to pay for higher education themselves. HEFF will provide attractive funding and technical assistance to microfinance institutions (MFIs) that in turn will offer higher education finance loans at terms that make the product feasible and appropriate for students who lack the means to pay on their own.

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