The Institute for Open Learning (IOL), a member of Namibia’s Trustco Group, recently launched a program to train people in bricklaying, plastering, plumbing and industrial pipefitting. Trustco Bank, another member of the Trustco Group, has agreed to issue loans to IOL trainees to help them establish themselves within their new careers.
IOL serves approximately 58,000 students, generally on a part-time basis via remote instruction in the fields of education, technology, policing or business. Nearly all of these students finance their schooling via Trustco Finance, a third member of the Trustco Group.
The Trustco Group was founded in 1992 and now serves South Africa and Sierra Leone in addition to Namibia. Its shares are traded on the Johannesburg and Namibian Stock Exchanges.
Sources and Additional Resources
Verdant Capital story
http://verdant-cap.com/institute-for-open-learning-iol-namibias-largest-distance-education-institution-has-launched-a-technical-vocational-education-and-training-tvet-programme/
IOL homepage
https://www.iol.na/
Trustco Group homepage
http://www.tgh.na/
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