Meet our educational partners

From 2017 to 2019 the Vanderes Foundation has supported six mostly early stage social enterprises which provide student financing to underprivileged students in lower GDP countries. We provided them with capital below market rates and long runways, to allow them to provide affordable student financing products (loans, ISA’s or a mixture of those) to students who would otherwise not be able to finish their studies.

We have also invested in one of our partner’s operations, as part of our early experimentation process to find out how to maximize our impact. Our partners are located in Myanmar, Indonesia, Philippines, Ghana and Colombia.

In the second half of 2019 we decided to change the Foundations’ strategy and move away from our focus on education. We continue to cheer on our partners and their missions, as we believe their work is incredibly important to transform the lives of underprivileged students around the world.

Zomia SPC is a social purpose corporation launched in 2014 to increase access to higher education among students from marginalized communities. Zomia does so by providing students from marginalized communities affordable education loans that are funded by philanthropic individuals and institutions from around the world.
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Read more about Zomia on their website: www.zomia.org

ErudiFi has two platforms, Danacita in Indonesia and Bukas in Philippines and is backed by Y-Combinator.
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Danacita (“Aspiration Fund” in Bahasa) is on a mission to democratize access to higher education in Indonesia. Through their lending platform, students pursuing Diploma, Bachelors, Masters, and non-degree short-courses can obtain affordable loans to fund their tertiary education and training.

Danacita is the first in Indonesia to offer financing for full degree programs.
Bukas (“Tomorrow / Open” in Tagalog) launched with the vision of building a better tomorrow for Filipino youths, starting with affordable student loans. Bukas works closely with top colleges and universities to provide an easy, secure, and integrated tuition installment plan for students.
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Read more about ErudiFi on their website: www.erudifi.com

InvestEd empowers underprivileged and unbanked youth finish their college degree worry-free, through an investment platform for student loans. Our 2023 vision is to be the country’s leader in education financing by slashing the country’s college dropout rate by half.
InvestEd is an award-winning social enterprise led by two women-engineers, who dream of changing the game for underprivileged students.
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Read more about InvestEd on their website: www.invested.ph

Established in 2015, DANAdidik is a crowdfunding platform for student loans in Indonesia, connecting lenders and donors with vocational higher education students. DANAdidik focuses on three major categories: health, technology, and general student loans.
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True to its mission, DANAdidik has been serving the marginalized: a majority of the students are from low-income families, orphans or raised by a single parent. DANAdidik uses income-share repayments after the students graduate and gain employment. This unique repayment system allows lending to unbanked students. DANAdidik has already funded hundreds of students across Indonesia, from Sumatra to Java and Bali to Kalimantan.
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Read more about DANAdidik on their website: www.danadidik.com

Brighter Investment provides investors with the opportunity to back future engineers, doctors and scientists in developing countries. A partnership that benefits both student and investor, socially and financially. Brighter Investment is currently active in Ghana.
The company invests in diversified cohorts of the most talented students that pursue degrees with great career prospects. After graduating, students repay a fixed percentage of their income for a limited duration (a so called ‘future income share agreement’ model). If properly educated, students in the developing world increase their income 3-5x, live longer, pay more taxes, are more likely to educate their children, and create 3 jobs on average for people with less education. The future is bright!
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Read more about Brighter Investment on their website: www.brighterinvestment.com

Lumni is the award-winning pioneer of Income Share Agreements (ISA’s), active for over a decade in Latin America.
Lumni is active in Peru, Mexico, Chile, Colombia and the USA, focusing on underprivileged students. The Vanderes Foundation invested in the Fondo Talento II in Colombia which backs 450 students.
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Read more about Lumni on their website: www.lumni.net

Donations

As part of the current strategy, the Vanderes Foundation donates all returns generated from our initial core capital to the most effective charities within the cause area of education.

2019 Donations

Pratham is an innovative learning organization created to improve the quality of education in India. As one of the largest non-governmental organizations in the country, Pratham focuses on high-quality, low-cost, and replicable interventions to address gaps in the education system. Established in 1995 to provide education to children in the slums of Mumbai, Pratham has grown both in scope and geographical coverage.
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Pratham means 'first' in Sanskrit. True to its name, it is the first major organization to achieve lasting, wide-scale success in India's educational landscape. This has been made possible due to various policies and strategies adopted by the organization.
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Read more about Pratham on their website: www.pratham.org‍
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2020 Donations

A joint venture by Pratham and J-PAL, the TaRL Africa team supports partners working to address the learning crisis in primary schools in Africa through the evidence-based TaRL approach. Teaching at the Right Level (TaRL) is an evidence-backed educational approach that helps children develop basic reading and mathematics skills, opening doors to a brighter future.

This new joint team consists of a central team that provides high-leverage support to governments and partners across the continent trying to scale the approach in their own settings and in-country support teams in Côte d’Ivoire and Zambia, which are working comprehensively with governments and partners on their TaRL approaches.
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Read more about TaRL on their website.

Established in 1986, the Iodine Global Network is a non-profit, non government organization for the sustainable elimination of iodine deficiency worldwide.
Their mission is to be the authoritative voice for iodine nutrition. They support and catalyze global and national iodine programs, working with key public, private, scientific and civic stakeholders. They focus on universal salt iodization as the most cost-effective and sustainable solution for prevention of iodine deficiency disorders.

Read more about IGN on their website.