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‘We want to see a transformation in the schools that we have started this journey with’ - EduQuality Western Kenya Launch
Battling a high illiteracy rate with many learners out-of-school, Western Kenya stands as an area with great potential to increase access to quality education for children. In this context, the EduQuality program has just launched in Western Kenya in March 2023 with 104 schools in the regions of Eldoret, Kitale, and Kapenguria. Opportunity EduFinance offers a holistic three-year school development program to local affordable non-state schools called the EduQuality program. The EduQuality program…
Read More“I can now think about getting a loan as a way of improving my school” - School Leadership Academies in Uganda
Over the past few years, Opportunity EduFinance has increasingly been using School Leadership Academies as a way to connect local financial institutions directly with schools that could benefit from EduFinance lending. A School Leadership Academy is a day where local school leaders and other key stakeholders are invited to meet with one or more financial institutions. Opportunity EduFinance supports the financial institutions to present on school improvement loans and cover a range of topics…
Read MoreStories of Impact from the EduQuality Program
Opportunity EduFinance offers a holistic three-year school development program to local affordable non-state schools, called the 'EduQuality Program’ which focuses on improving the education children receive and fostering an enabling environment for learning. The program, designed as a sustainable model, is delivered through a blended learning model that combines digital, self-access content on tablets for school leaders and teacher mentors with highly interactive in-person training…
Read More“We are very much able, it's just stereotypes that we need to get over to realize our full potential.” International Women’s Day 2023 - Chilufya Siansangu, EFC Zambia
Entrepreneurs Financial Centre (EFC) is one of Zambia’s leading micro-finance institutions. EFC Zambia is committed to contributing to the development of the country’s private sector by providing increased access to financial services. Their EduFinance products include School Improvement Loans, Teacher Loans, School Fee Loans and Edu-Save. Chilufya Siansangu is Head of Business Development/ Marketing and Communications for EFC Zambia. Her role involves driving business growth by identifying opportunities,…
Read More"Education is an enabler. Education opens doors. Education is an equalizer." 2022 Global Education Finance Conference
In November 2022 Opportunity International EduFinance hosted the Global Education Finance Conference in Nairobi, Kenya. Read the full Post-Conference Report here. The best thing (about the conference) is that everyone comes up with such honest ideas. The challenges are very similar, but solutions are very diverse.” - Kamran Azim, Taleem Finance Company (Pakistan) This year’s Global Education Finance Conference brought together 155 attendees from 37 countries, including financial institutions,…
Read More“Kenya’s future will be determined by its education system” – CEO Interview with Amos Mwangi, Ed Partners Africa
Amos Mwangi, CEO of Ed Partners Africa, has a wealth of experience in the education finance sector. He officially began working for Ed Partners in June 2018 after playing a key role in its founding in early 2018. His consulting work on market scoping, feasibility studies, market research and product development ultimately led to the formation of Ed Partners. Ed Partners is a non-banking financial institution in Kenya that works with affordable non-state school owners to provide financial and non-financial…
Read More“They realize that they are part of a global network of education providers," Meet the 2022 Global EduQuality Awards Winners
In November 2022, Opportunity International EduFinance announced the winners of the 2022 Opportunity International Global EduQuality Awards. Read the full Awards Report here! “The EduQuality Awards provide an opportunity for schools to pause and reflect on their implementation journey and take stock of the gains made so far and where they need to make improvements. They are able to ‘zoom in’ on the quality of their schools.” Innocent Masengo, Head Education Specialist, Africa Opportunity…
Read MoreETHIOPIA: The Challenges and Opportunities of investing in Education
Mr. Abinet Kabtimer is the proud director and owner of Sunrise Academy, a school he opened just three years ago. Sunrise Academy provides education to children in Meki town, in the East Showa Zone of Oromia region of Ethiopia. The school offers pre-primary classes up to 8th grade, with enrolment space for 450 students, charging tuition fees of Birr 1050 (USD 20) per term. Before opening Sunrise Academy, Mr. Abinet was a teacher in a private school in Meki town, East Showa Zone. In 2019, he decided…
Read MoreABACO and COSAMI: Knowledge Exchange between EduFinance partners in Peru and Guatemala
In September 2022 two of Opportunity EduFinance’s Financial Institution (FI) partners from Latin America took part in a knowledge exchange: COSAMI is a financial cooperative established in 1966 with headquarters in Totonicapán, Guatemala. Their mission is “To provide quality financial products and services for Guatemalans, through an effective and committed human team, applying cooperative principles, values and practices.” ABACO is among the three biggest Saving and Credit Unions in Peru.…
Read MoreThe Case for Increasing Access to Finance for the Non-State School Sector
According to UNESCO Institute of Statistics (UIS), the non-state education market share increased from 23.1 percent to 25.8 percent between 2005 and 2020 across low- and middle-income countries. If this continues, the non-state school sector will grow its share of the education market to 27.2 percent by 2025. The increase in demand for affordable non-state schools means that there will be an additional 56 million new seats for children required through 2025 in low- and middle-income countries.Given…
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