The Inter-American Development Bank (IDB) approved a loan of $45 million to reduce the digital divide between schools and thus promote successful educational trajectories among students in Ecuador.
The digital educational transformation has a crucial role in promoting better educational trajectories. Technology can make instructional materials more appealing and personalized, increasing student engagement. The IDB loan of $45 million has a disbursement period of 4 years, a grace period of 7.5 years, and an interest rate based on SOFR.