Brighter Investment Brighter Investment - High Potential Student Investm.
Product Details
Product Name: Brighter Investment - High Potential Student Investm.
Overview: In developing countries, there is a shortage of talented, educated workers. This shortage impedes a country’s development efforts. It also drives up wages for graduates. In Ghana, higher education can multiply a young person’s earning potential by up to 5 times. Despite these large returns, higher education is out of reach for the majority of high school graduates simply because they are unable to pay for it. Traditional student loans are not available and scholarships and financial aid are grossly insufficient to meet the level of need. Brighter Investment allows you to invest in the post secondary education of a cohort of talented students with high earning potential. After graduation, students repay a fixed percentage of their income for a set period. Income based repayment means some students will repay more than others. For a group of students however, average returns can be reliably estimated based on statistical data for average income,employment and graduation rates. Income dependent repayments mean that students never end up with a debt they can’t repay. Because wage levels are relatively stable and hedged against inflation, it also means we can repay you a stable, competitive return projected at 9%. On top of that, you are directly contributing to alleviating poverty and helping students and their families to live longer, healthier and happier lives.
Issues Focused: Quality Education, Decent Work and Economic Growth
Asset Class: Pay For Performance
Geography: Sub-Saharan Africa
Impact Measurement
IRIS 4.0 Social Impact Objectives: Access to Education, Access to Financial Services, Equality and Empowerment, Income/Productivity Growth
IRIS 4.0 Environmental Impact Objectives:
IRIS 4.0 Targets: Adults (>18 years old), Women
Impact Evidence Type: Impact Data: Can provide data that explicitly informs assessment of additionality and/or cost-effectiveness
Brighter Investment

Last updated by Brighter Investment on 05 Nov 18:58

Investment Details
Legal Structure: Unsecured Debt
Product Stage: Not Specified
Part of Series: First
Investment Availability: Open
Minimum Investment: $10,000
Investor Eligibility: Accredited Investors
Assets Under Management: AUM < $1 million
Average Management Fees %:
Average Performance Expectations: 8% ≤ Expectations ≤ 12%
Performance To Date: Above Expectations