Laudex
Organization Details
Corporativo Laudex SA de CV, SOFOM ENR (Laudex) is a non-banking financial institution that supports undergraduate and graduate students with loans to access education at private universities.
In Mexico, a significant deficit of high-quality public education exists and many families do not have the resources to send their children to a private university. Additionally, very few banks offer student loans, which has a negative effect on graduation rates. Laudex is able to provide the chance of better educational opportunities for many Mexicans by offering financial products aligned with students’ needs at highly-competitive terms and conditions.
Impact Story
Laudex provides, manages and recovers loans to undergraduate and graduate students at private universities throughout Mexico. The company currently has over 7,000 loans to students enrolled in approximately 40 private universities in Mexico . Students financed by Laudex are academically qualified to pursue university studies butare unable to attend public institutions due to limited enrollments. They also lack sufficient resources to pay for tuition at private universities.
The Laudex Network comprises over 40(and growing) affiliated universities with over 230,000 students. We are the first to work with the Universidad del Valle de México (UVM), which, with over 130,000 students, is the largest private educational institution in Mexico.
