Cubos Academy – Transforming Reality Through Education
The objetive of the project is offer high quality and accessible training, reaching people in social vulnerability, through ISA (Income Share Agreement), a model for shared accomplishment, in which thecompany finances the tech courses until the student is employed.

Project Detail

Country

Brazil

Project Number

BR-L1624

Approval Date

October 10, 2023

Project Status

Implementation

Project Type

Loan Operation

Sector

EDUCATION

Subsector

VOCATIONAL & TECHNICAL EDUCATION

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 12,000,000.00

Country Counterpart Financing

USD 10,000,000.00

Original Amount Approved

USD 2,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
SP/OC-23-58-BR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital New Social Entrepreneurship Program Financing
SP/OC-23-58-BR-DE Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital New Social Entrepreneurship Program Financing
Operation Number SP/OC-23-58-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: New Social Entrepreneurship Program Financing
Operation Number SP/OC-23-58-BR-DE
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: New Social Entrepreneurship Program Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0001099-1199222858-6
Donors Memorandum
Sintesis SEP spa.pdf
Apr. 02, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0001099-1199222858-7
Donors Memorandum
SEP Synthesis English.pdf
Apr. 02, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-49954
Loan Contract
Cubos Academy – Transformando la Realidad a Través de la Educación.pdf
Oct. 19, 2023
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0000366-965128629-49955
Loan Contract
Cubos Academy – Transforming Reality Through Education.pdf
Oct. 19, 2023
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0001099-1199222858-5
Profile
IDEATE 2023-08-23 Public Summary 1309 BR-L1624.pdf
Sep. 08, 2023
English

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