What to know about this Lending Partner
Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.
Partner description:
Taleem Finance Company Limited (TFCL) is a non-banking finance company incorporated in March 2019 with its headquarters in Lahore, Punjab. The organization seeks to provide financial assistance to the low & middle-cost private schools across Pakistan to enable an improvement in the quality of education provided and a better learning environment for students. In addition to providing infrastructure financing and working capital for educational institutions, TFCL also serves the financial needs of other businesses and individuals related to the whole education ecosystem, such as bookshops, stationery stores, uniform suppliers, canteens, parents, students & teachers.
A unique lending approach:
Taleem Finance Company Limited uses Kiva funding to provide affordable capital to educational institutions, which is then used in addressing immediate infrastructure or working capital needs. These private educational institutions are usually too small to get a loan from commercial banks and need larger-sized loans than can be provided by regular microfinance institutions. Kiva is helping TFCL to cater to the financial needs of these underserved educational institutions, in order to improve the overall quality of education in Pakistan.