SECTOR OVERVIEW

According to provisional estimates by the UNESCO Institute for Statistics (UIS), 68 million children of primary school age were out of school in 2008.

Social enterprises in education help make quality education more accessible for BOP customers by:
- Providing financing with flexible terms and low interest rates for schools serving the BOP and their students. These social enterprises employ creative methods to advance educational opportunity through financing. Vittana, for example, crowdsources microloans online, and Lumni structures loan repayment based on a percentage of college graduates’ salary first job after graduation.
- Developing creative methodologies, curriculums and programs to complement existing educational opportunities (Out of School Education).
- Developing different school models appropriate to local context.
- Providing vocational training, often for jobs in leading industries with demand for skilled labor in the country of operation.

Education social enterprises are often funded through corporate or government partnerships or through subsidization of school fees based on income levels.

Social Enterprises by Sub-Sector

All »