Educating Educators: An interview with our EduQuality Program Leaders
As our EduQuality program continues to grow, we wanted to hear from our leaders about their own backgrounds and perspectives on education, as well as where they see the current challenges and opportunities. We spoke to Innocent, Violet, Samuel and Renée for their reflections on education. Why did you want to work in education? And why did you then want to work educating other educators? VIOLET: I was a teacher in a classroom. Most of the children that used to come could not read. We were working…
Read MoreLooking back to Move Forward: Reflecting on our Global Education Summit Side Event
EDUFINANCE SIDE EVENT: Exploring alternative sources of finance to fund the global education deficit In July 2021, Opportunity EduFinance hosted a side event to the GPE Global Education Summit. An expert panel discussed a range of options for alternative sources of finance to fund education in low- and middle-income countries. The event was a call to action for collaboration and experimentation to solve the global education deficit. Nearly a month and a half after the event, we wanted to reflect…
Read MoreCan Low-Income Families Really Afford Non-State Schools?
To better understand our partner schools that offer affordable education to low-income families and students, Opportunity EduFinance has developed a country-specific framework to define a ‘low-fee non-state school.’ This framework uses the lens of low-income families’ access to schools, and is supported by a range of literature and research methodologies. Applying this methodology to six countries, we found that over 75% of schools in the EduQuality programme charge fees that are affordable to…
Read More"We have only scratched the surface of potential" - Letshego Ghana & EduFinance
Arnold Parker has been CEO of Letshego Bank in Ghana for the past seven years. We spoke to him about his experiences with education finance, what he hopes for children in Ghana, and why Letshego is focused on investing in education. What is different about Letshego from the other places you’ve worked? Now that I am the CEO, I get to make big decisions. The major difference has been working in an environment that allows me to innovate and make decisions that actually have an impact on the lives…
Read MoreCan Refugee Communities benefit from Education Financing?
Uganda hosts 1.4 million refugees, which is one of the largest refugee populations in the world. While there may be cultural differences between refugee communities and the communities that host them, the demand for children and youth to have access to a good education is universal. These massive refugee communities present an opportunity to offer financial services – including education financing - to refugee households. And yet, according to a survey undertaken in Bidi Bidi settlement of…
Read MoreWhat’s next for low-cost private schools in India?
Here’s what we know… Low-cost private schools in India need more access to capital to invest in their schools, and professional development training to continue improving quality of education being delivered. Why low-cost private schools in India? 92 million children. That’s how many children are being educated in these schools today. By 2031, an estimated 162 million children will attend low-cost private schools in India.[1] The National Independent School Alliance (NISA) estimates…
Read MoreNew EduQuality Blended Learning Model Launch
After many hours of thorough consultation, development and planning, the EduQuality program of Opportunity EduFinance has successfully launched a new blended learning model providing professional development for school leaders and teachers. This exciting initiative builds on the foundation of our Education Quality program, combining digital resources with in-person training for over 1,500 affordable non-state schools across seven countries in Africa1 and Latin America2. Participating school leaders…
Read MoreLearning from Shared Experience - EduFinance Virtual Workshop
Before the pandemic began, the education sector in low- and middle-income countries was perceived as a rewarding market by many local financial institutions, a factor that helped Opportunity EduFinance grow its financial institution partners from 11 to 71 in under 5 years. However, the pandemic has adversely impacted the sector with school closures, lockdowns, and reductions in household income, affecting some schools’ ability to maintain a sustainable business. Nevertheless, despite the challenges…
Read More7 Educators – Looking back at inspiring stories from our history
Education is an integral part of reducing global poverty and inequality. Currently over 14,000 schools and 120,000 families around the world are benefitting from the Opportunity EduFinance program and access to capital through financial institution partners. As a result of this work, an estimated 7.8 million more children have benefitted from increased access to quality education to date. This year, the ongoing COVID-19 pandemic has only emphasized education's critical place in our world and reminded…
Read MoreThe ‘Power’ behind our Data Collection: Meet some of our expert M&E Team
A vital part of Opportunity EduFinance’s work is carried out by our expert team of Monitoring and Evaluation Associates and Specialists (M&E). Each local M&E team visits schools in our EduQuality program to interview parents, students, teachers and school leaders. Their skill in collecting complex data allows EduFinance to gain detailed insights into how our programme is working, any needed changes, and what challenges and opportunities there are to make a greater impact on education access and…
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