We enable talented students from developing countries to financially realize their study and career goals in Europe.
The Lendorse platform supports students in two ways:
1. Financial support: Talented STEM students from developing and emerging countries are enabled to pursue a master's degree in Germany through financial support based on an income-dependent repayment model.
2.Lendorse Career Platform: The platform offers comprehensive support at various stages of study, including assistance with initial orientation (bank account, health insurance, etc.), academic support (mid-year reports, mentor matching if needed), and professional development (job matching, job search assistance, CV and cover letter).
Both elements are already being used by students. The first two cohorts of students have been successfully supported, and the basic version of the career platform is functional and ready for use.
Millions of students who just happen to be born into developing countries are talented enough to receive a high quality European education, but cannot afford to go. Traditional finance is typically unobtainable for these students, because it relies on credit scores, collateral, co-signers or other elements that are unsuitable to emerging economies. Lendorse enables talented students from developing countries to pursue their dream degrees & careers in Europe, through: (1) an Income Share Agreement (ISA), which provides the student with funds for their tuition fees, visa deposits & living expenses in return for a monthly % of their future income over a fixed number of years. (2) exclusive mentoring & career support to help with job placement post-graduation. We're live, revenue-generating and are proud to have already changed the lives of >20 students from countries such as: Ghana, India, Indonesia, Kazakhstan & more. We believe in financial and academic inclusion and continue to work towards 6 SDGs.
