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Chancen International secures $30M in funding to expand access to skills and economic opportunities for 60,000 youth by leveraging its fair finance model.
PRIVATEJul 27, 2026•3 days ago
Amount Raised
$30 Million
Round Type
Venture - Series Unknown
RwandaFinancial ServicesFinanceFintechLending
Investors
Approximately 20 Impact Investors
Description
Chancen International is expanding its fair financing model across Africa to target 60,000 students by 2029. The social enterprise has financed 10,000 youth so far with a repayment rate of 95%. As global development aid budgets tighten, Chancen is doubling down on its outcomes-based financing model to fill the gap. This sustainable approach invests in young people's potential by taking equity stakes in their future earnings.
Company Information
Company
Chancen International
Location
Rwanda
About
Chancen International is a pioneering social enterprise that finances students' education based on future earning potential rather than family wealth or credit history. The organization has successfully financed over 10,000 youth with a repayment rate above 95% and aims to scale to 60,000 students by 2029. Using a fair finance model, it targets students across Africa, providing a sustainable and market-based financing solution. The organization prioritizes financing for women and eliminates barriers typically faced by low-income households.