The challenge faced before the school availed our education finance loan product

Tranco Schools was in need of textbooks and notebooks for its students besides refurbishing its classrooms but had to postpone the latter on account of paucity of funds.

The loan product availed

EdFin Asset – A School Infrastructure Improvement Loan that was taken in 3 tranches:The first tranche was for N120,000 and it was disbursed on 23rd July, 2019;The second tranche amounted to N60,000 and it was disbursed on 8th October, 2019; whileThe third tranche amount was for N200,000 disbursed on 14th March, 2020.

Say hello to the students of Tranco Private School in Ikorodu, Lagos

A coat of paint and refurbished classrooms do uplift the spirt. Life’s a song and dance for students of Tranco, with academic successes to boast of

School Metrics


60

No. of School Students

5

No. of Class Teachers

9

No. of Classrooms

22,500 Naira

Annual School Fees

Creche, Nursery to Senior Secondary

Education Provided

Usage of funds

The first loan was used to purchase stationeries (textbooks, notebooks, etc) that were essential for academic operations; The second loan was used for the purchase of 1 tablet that was shared between administrative and teaching purposes ; and The third loan was used for the renovation painting, refurbishment of classroom and purchase of gate to secure the school

How the School benefited

As can be seen, be it stationery, a tech device, asset purchase or even renovation and refurbishing, the EdFin Asset loan lends itself to different requirements. Tranco Schools has witnessed improved academic performances from its students ever since the school was painted and classrooms refurbished with 3 students coming trumps in the Common Entrance Examinations. Goes to show how ambience does play a vital role in academic outcomes.

School Infrastructure Improvement Loans

Thinking of upgrading facilities at your school library, computer lab or sports facility? Avail our loans