Students from Promesa Academy in San Antonio, TX. Credit: Promesa Academy

Promesa Academy

Borrower
Promesa Academy, Inc.
Location
San Antonio, TX
Financing Used For
Construction to Permanent
Loan Amount
$3.05 million
Loan Length
60 months
Partner(s)
Civic Builders

In San Antonio, Texas, approximately 50% of the Westside neighborhood’s adult population lacks a high school diploma. Ambika Dani, founder and executive director of Promesa Academy, is determined to change that statistic.

Dani spent years doing her due diligence. She visited more than 30 high-performing urban charter schools nationwide to learn best practices. She spoke with local nonprofit leaders and families. She even tutored local children herself to understand the struggles prospective families face and how best to help overcome them. Then, in 2020, she launched a school with a curriculum that is academically rigorous and engaging and that creates a space where children can feel loved, safe and celebrated for who they are.

Promesa currently serves over 300 children in grades K–4. With a $3 million loan from BlueHub and additional funding from Civic Builders, a charter school financer and developer, Promesa plans to buy and expand its current building, creating space to add grades 5–8. With a solid foundation in math and literacy, a love for learning, and the social and emotional skills needed to thrive in today’s world, Promesa’s students will be equipped to shine in high school and in the world beyond.

Learn more about Promesa: