Indian School Finance Company

Better facilities for affordable private education

India

Indian School Finance Company (ISFC) was originally launched, under a different name, in 1994. ISFC is a pioneer in extending loans to schools, especially affordable private schools. Most schools use their loans to enhance their capacity in terms of infrastructure and education delivery. In 2014, ISFC operated in 21 locations across eight Indian states.

Most pupils at affordable private schools come from lower to middle-income families. Their parents are, for example, daily wage earners, drivers or maids who want to provide their children with good-quality education compared to that of state schools.

Through its loans, ISFC makes an important contribution to improving access to quality education to lower and middle class families. Thanks to the improved infrastructure, the schools have been able to raise their education standards and, as a result, attract more pupils, improve their cash flow, and increase student retention.

ISFC has been an Oikocredit partner since 2011.