---
title: "This Crypto Project Just Funded 1,000 Student Loans Entirely On-Chain"
url: https://thecoingazette.com/this-crypto-project-just-funded-1000-student-loans-entirely-on-chain/
date: 2026-09-06
modified: 2026-09-06
lang: en
author: "Coin Gazette Editorial"
description: "The team behind Pencil Finance says the financing supported thousands of Southeast Asian students, but it did not disclose borrower costs, defaults, or investor returns."
categories:
  - "DeFi"
word_count: 25
---

# This Crypto Project Just Funded 1,000 Student Loans Entirely On-Chain

The team behind Pencil Finance says the financing supported thousands of Southeast Asian students, but it did not disclose borrower costs, defaults, or investor returns.